(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, -4 | Sell |
| Stochastics | 6 | Sell |
| CCI | -129 | Sell |
| RSI | 49 | Sell |
| OBV | -169758 | Sell |
| VWAP | 370 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | Sell |
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