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(INDOCO) Indoco Remedies complete technical analysis [charts+indicators] | Buy/Sell Indoco Remedies | (INDOCO) share price targets

Complete technical analysis of Indoco Remedies (INDOCO) by charts plus indicators, forecast predictions and share price targets for Indoco Remedies (INDOCO)

Indoco Remedies trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-10-30 View latest technical analysis

10 day averaged volume of Indoco Remedies is 173086

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	307.65	301.75	317.50	299.80	1.276 times
29 Tue Oct 2024	301.75	302.35	303.50	299.35	1.15 times
28 Mon Oct 2024	302.35	304.00	308.85	297.90	0.839 times
25 Fri Oct 2024	304.00	315.00	315.40	298.10	1.617 times
24 Thu Oct 2024	315.80	322.20	322.20	299.05	2.889 times
23 Wed Oct 2024	320.60	324.90	326.15	318.60	0.336 times
22 Tue Oct 2024	323.25	331.05	333.05	322.00	0.362 times
21 Mon Oct 2024	334.05	342.50	342.50	333.00	0.251 times
18 Fri Oct 2024	341.55	340.10	347.90	336.85	0.527 times
17 Thu Oct 2024	341.65	342.20	345.50	336.20	1.301 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 314.2, but if it comes above 314.2, then a intra day buy could be more profitable.
If you take a sell trade below 314.2, then use 314.2 as stoploss and 297.1 as target. However if you take a buy trade in stock , then use 314.2 as stoploss and 328.5 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	297.90
Upside Target	315.15
Upside Target	324.60
Upside Target	342.50
Upside Target	347.95
Upside Target	352.85
Upside Target	358.00
Upside Target	360.30
Upside Target	363.95
Upside Target	371.05
Upside Target	387.55

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	297.87
Downside Intraday Target	288.08
Upside Intraday Target	317.47
Upside Intraday Target	327.28
Upside Intraday Target	307.68

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	307.65	304.00	317.50	297.90	0.599 times
25 Fri Oct 2024	304.00	342.50	342.50	298.10	1.196 times
18 Fri Oct 2024	341.55	332.00	347.95	325.00	1.216 times
11 Fri Oct 2024	337.30	335.05	345.80	324.60	1.57 times
04 Fri Oct 2024	334.65	357.90	363.95	331.15	0.843 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indoco Remedies (INDOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	307.65	360.30	360.30	297.90	1.308 times
30 Mon Sep 2024	358.55	362.50	387.55	352.85	0.757 times
30 Fri Aug 2024	361.45	337.45	371.05	315.15	0.986 times
31 Wed Jul 2024	332.45	326.50	358.00	316.70	1.811 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indoco Remedies (INDOCO)

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Indoco Remedies stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indoco Remedies in short term and the sell signal is strong.

Indoco Remedies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indoco Remedies in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indoco Remedies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 315.72 and Indoco Remedies (INDOCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Indoco Remedies (INDOCO) stock. Volume based technical analysis of Indoco Remedies (INDOCO) stock is negative.

Indoco Remedies Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.