Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-04 View latest technical analysis

10 day averaged volume of Indoco Remedies is 158668

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	308.45	314.70	314.70	307.80	0.378 times
01 Fri Nov 2024	314.15	314.10	315.50	310.40	0.138 times
31 Thu Oct 2024	310.40	308.45	313.00	307.00	0.35 times
30 Wed Oct 2024	307.65	301.75	317.50	299.80	1.392 times
29 Tue Oct 2024	301.75	302.35	303.50	299.35	1.255 times
28 Mon Oct 2024	302.35	304.00	308.85	297.90	0.915 times
25 Fri Oct 2024	304.00	315.00	315.40	298.10	1.763 times
24 Thu Oct 2024	315.80	322.20	322.20	299.05	3.152 times
23 Wed Oct 2024	320.60	324.90	326.15	318.60	0.366 times
22 Tue Oct 2024	323.25	331.05	333.05	322.00	0.395 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 309.8, but if it comes above 309.8, then a intra day buy could be more profitable.
If you take a sell trade below 309.8, then use 309.8 as stoploss and 291.6 as target. However if you take a buy trade in stock , then use 309.8 as stoploss and 324.96 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	297.90
Downside Target	307.80
Upside Target	314.70
Upside Target	324.60
Upside Target	342.50
Upside Target	345.80
Upside Target	347.95
Upside Target	352.85
Upside Target	358.00
Upside Target	360.30
Upside Target	371.05
Upside Target	387.55

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	305.93
Downside Intraday Target	303.42
Upside Intraday Target	312.83
Upside Intraday Target	317.22
Upside Intraday Target	310.32

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	308.45	314.70	314.70	307.80	0.093 times
01 Fri Nov 2024	314.15	304.00	317.50	297.90	0.681 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

Price has moved down 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
04 Mon Nov 2024	308.45	314.10	315.50	307.80	0.024 times
31 Thu Oct 2024	310.40	360.30	360.30	297.90	1.33 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

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indoco Remedies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Indoco Remedies in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 309.64 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.