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(INDOTECH_BE) Indo Tech complete technical analysis [charts+indicators] | Buy/Sell Indo Tech | (INDOTECH_BE) share price targets

Complete technical analysis of Indo Tech (INDOTECH_BE) by charts plus indicators, forecast predictions and share price targets for Indo Tech (INDOTECH_BE)

Showing technical analysis as on 2023-12-12 View latest technical analysis

10 day averaged volume of Indo Tech is 4898

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	570.50	567.05	570.90	567.05	1.941 times
11 Mon Dec 2023	570.90	571.95	571.95	561.25	0.592 times
08 Fri Dec 2023	572.55	590.00	590.00	572.55	1.014 times
07 Thu Dec 2023	584.20	573.00	584.45	573.00	0.744 times
06 Wed Dec 2023	573.00	562.20	573.00	562.20	0.255 times
05 Tue Dec 2023	572.00	576.80	576.80	570.80	0.693 times
04 Mon Dec 2023	576.85	571.00	579.90	571.00	1.081 times
01 Fri Dec 2023	571.40	561.10	571.40	561.10	1.046 times
30 Thu Nov 2023	560.20	562.00	573.20	560.20	2.094 times
29 Wed Nov 2023	562.00	572.70	572.70	550.65	1.454 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 566.3 as stoploss in an intra day buy trade for a target of 581.71. However, stock will show a bearish move below 566.3.

Share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Target	383.00
Downside Target	413.00
Downside Target	430.90
Downside Target	448.00
Downside Target	504.00
Downside Target	550.65
Upside Target	573.30
Upside Target	574.50
Upside Target	590.00
Upside Target	619.00
Upside Target	621.75

Intraday share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Intraday Target	563.85
Downside Intraday Target	557.2
Upside Intraday Target	574.55
Upside Intraday Target	578.6
Downside Intraday Target	567.9

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	570.50	571.95	571.95	561.25	0.669 times
08 Fri Dec 2023	572.55	571.00	590.00	562.20	0.673 times
01 Fri Dec 2023	571.40	561.85	573.20	550.65	0.804 times
24 Fri Nov 2023	573.30	595.85	619.00	573.30	0.908 times
17 Fri Nov 2023	608.00	574.50	621.75	574.50	0.924 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 Indo Tech (INDOTECH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	570.50	561.10	590.00	561.10	0.252 times
30 Thu Nov 2023	560.20	504.70	621.75	504.70	0.695 times
31 Tue Oct 2023	505.50	431.20	567.00	430.90	2.417 times
29 Fri Sep 2023	431.00	446.00	448.00	413.00	0.172 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 Indo Tech (INDOTECH_BE)

Price action analysis of Indo Tech ( (INDOTECH_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indo Tech ( (INDOTECH_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indo Tech ( (INDOTECH_BE) ) based on a mid to longer 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.

ADX buy sell signal for Indo Tech stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Indo Tech in short term but the sell signal is initial and weak.

Indo Tech 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Indo Tech 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 Indo Tech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 569.41 and Indo Tech (INDOTECH_BE) 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 Indo Tech (INDOTECH_BE) stock. Volume based technical analysis of Indo Tech (INDOTECH_BE) stock is negative.

Indo Tech 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.