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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 163874

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 308.20 301.20 317.50 300.95 1.699 times
13 Tue Apr 2021 299.65 306.10 307.75 297.20 0.441 times
12 Mon Apr 2021 304.95 318.70 318.70 302.70 0.534 times
09 Fri Apr 2021 317.15 304.60 325.00 301.05 2.797 times
08 Thu Apr 2021 303.70 297.90 309.20 295.45 1.28 times
07 Wed Apr 2021 294.75 289.35 297.80 288.85 1.442 times
06 Tue Apr 2021 288.35 288.30 294.00 285.25 1.341 times
05 Mon Apr 2021 286.30 293.70 298.20 285.25 0.513 times
01 Thu Apr 2021 288.25 289.80 294.25 286.00 0.65 times
31 Wed Mar 2021 287.55 290.25 294.35 286.00 0.178 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 302, but if it comes below 302, then a intra day sell could be more profitable.
If you take a sell trade below 302, then use 302 as stoploss and 291.4 as target. However if you take a buy trade in stock , then use 302 as stoploss and 314.8 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type Value
Downside Target 252.00
Downside Target 274.20
Downside Target 283.90
Downside Target 294.90
Downside Target 301.70
Downside Target 302.00
Upside Target 311.00
Upside Target 318.70
Upside Target 325.00
Upside Target 335.00
Upside Target 335.80

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type Value
Downside Intraday Target 297.37
Downside Intraday Target 286.53
Upside Intraday Target 318.87
Upside Intraday Target 329.53
Downside Intraday Target 308.03

Weekly technical analysis of Indoco Remedies (INDOCO)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 308.20 318.70 318.70 297.20 0.363 times
09 Fri Apr 2021 317.15 293.70 325.00 285.25 4.464 times
01 Thu Apr 2021 288.25 296.10 299.65 285.00 0.291 times
26 Fri Mar 2021 296.90 285.00 298.00 274.20 1.903 times
19 Fri Mar 2021 279.50 294.30 301.70 276.00 0.403 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
15 Thu Apr 2021 308.20 289.80 325.00 285.25 0.472 times
31 Wed Mar 2021 287.55 295.00 302.00 274.20 1.534 times
25 Thu Feb 2021 292.30 300.00 335.00 283.90 0.686 times
29 Fri Jan 2021 300.55 305.25 335.80 294.90 0.436 times

Scroll below to view daily charts

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 32, 8, 61 Buy
MACD 5, 2Buy
Stochastics 50None
CCI 79Buy
RSI 54Buy
OBV 1246708Sell
VWAP 303Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short term time period is

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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Indoco Remedies in short term and the buy 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 getting stronger in this stock.

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

CCI has generated a buy signal for Indoco Remedies in short term and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 302.67 and Indoco Remedies (INDOCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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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