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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.

10 day averaged volume of Indoco Remedies is 196025

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 338.90 339.00 343.35 331.00 0.492 times
27 Fri Jan 2023 339.00 349.55 352.70 336.30 0.724 times
25 Wed Jan 2023 348.60 361.75 361.75 346.00 1.742 times
24 Tue Jan 2023 362.90 404.45 408.45 359.00 4.102 times
23 Mon Jan 2023 404.75 394.80 409.80 391.60 2.323 times
20 Fri Jan 2023 391.50 395.15 395.15 390.40 0.137 times
19 Thu Jan 2023 394.40 397.80 398.80 392.00 0.146 times
18 Wed Jan 2023 398.40 394.70 400.65 393.35 0.295 times
17 Tue Jan 2023 393.65 397.60 401.80 390.45 0.192 times
16 Mon Jan 2023 396.75 398.65 404.00 396.00 0.162 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 340.8, for a target of 367.1 or 389.09

Share price targets for Indoco Remedies (INDOCO)

Target Type Value
Downside Target 307.65
Downside Target 325.75
Upside Target 343.05
Upside Target 365.20
Upside Target 380.00
Upside Target 388.15
Upside Target 404.00
Upside Target 409.80
Upside Target 413.30
Upside Target 416.00
Upside Target 423.90

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type Value
Downside Intraday Target 332.15
Downside Intraday Target 325.4
Upside Intraday Target 344.5
Upside Intraday Target 350.1
Downside Intraday Target 337.75

Weekly technical analysis of Indoco Remedies (INDOCO)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 338.90 339.00 343.35 331.00 0.055 times
27 Fri Jan 2023 339.00 394.80 409.80 336.30 9.539 times
20 Fri Jan 2023 391.50 398.65 404.00 390.40 0.546 times
13 Fri Jan 2023 398.65 410.00 413.30 393.05 0.442 times
06 Fri Jan 2023 394.10 414.00 423.90 388.15 0.986 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
30 Mon Jan 2023 338.90 414.00 423.90 331.00 1.602 times
30 Fri Dec 2022 406.65 398.65 416.00 372.10 0.629 times
30 Wed Nov 2022 397.65 354.65 423.90 343.05 2.348 times
31 Mon Oct 2022 354.00 327.90 365.20 325.75 0.584 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Indoco Remedies (INDOCO)

Indicator Name Indicator Value Indicator Signal
ADX 13, 41, 51 Sell
MACD -15, -4Sell
Stochastics 6Sell
CCI -129Sell
RSI 49Sell
OBV -169758Sell
VWAP 370Sell
ADL 0Sell
ROC -15Sell
Force Index 0Sell

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 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 gaining 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 coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 370.03 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.

Click here for Indoco Remedies charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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