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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 2024-08-27 View latest technical analysis

10 day averaged volume of Indo Tech is 17985

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	2205.35	2180.00	2205.35	2121.00	0.939 times
26 Mon Aug 2024	2100.35	2100.35	2100.35	2100.35	0.947 times
23 Fri Aug 2024	2000.35	1940.00	2000.35	1905.15	0.668 times
22 Thu Aug 2024	1905.10	1880.00	1950.00	1880.00	0.474 times
21 Wed Aug 2024	1870.65	1785.00	1870.65	1750.00	0.845 times
20 Tue Aug 2024	1781.60	1894.85	1894.85	1765.00	0.714 times
19 Mon Aug 2024	1857.15	1895.10	1895.10	1820.00	0.466 times
09 Fri Aug 2024	1839.95	1900.00	1935.00	1833.90	2.06 times
08 Thu Aug 2024	1930.40	1910.65	2011.20	1910.65	2.523 times
07 Wed Aug 2024	2011.20	2011.20	2011.20	2011.20	0.209 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2183.4, but if it comes below 2183.4, then a intra day sell could be more profitable.
If you take a sell trade below 2183.4, then use 2183.4 as stoploss and 2013.43 as target. However if you take a buy trade in stock , then use 2183.4 as stoploss and 2387.5 as target.

Share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Target	1347.00
Downside Target	1500.00
Downside Target	1614.30
Downside Target	1717.20
Downside Target	1790.00
Downside Target	1833.90
Downside Target	1885.00
Downside Target	2000.35
Downside Target	2100.35
Downside Target	2205.35
Upside Target	2222.15
Upside Target	2320.40
Upside Target	2345.70

Intraday share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Intraday Target	2135.35
Downside Intraday Target	2065.35
Upside Intraday Target	2240.35
Upside Intraday Target	2275.35
Downside Intraday Target	2170.35

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	2205.35	2100.35	2205.35	2100.35	0.596 times
23 Fri Aug 2024	2000.35	1895.10	2000.35	1750.00	0.459 times
09 Fri Aug 2024	1839.95	2285.00	2320.40	1833.90	2.791 times
02 Fri Aug 2024	2345.70	2178.00	2345.70	2142.00	0.303 times
19 Fri Jul 2024	2219.85	1890.20	2222.15	1836.25	1.717 times

Price has moved up 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
27 Tue Aug 2024	2205.35	2178.00	2345.70	1750.00	0.683 times
19 Fri Jul 2024	2219.85	1687.50	2222.15	1614.30	1.031 times
28 Fri Jun 2024	1607.15	1784.45	1790.00	1500.00	0.596 times
31 Fri May 2024	1699.50	1631.35	1885.00	1347.00	1.934 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 Indo Tech (INDOTECH_BE)

Price action analysis of Indo Tech ( (INDOTECH_BE) ) 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 Indo Tech ( (INDOTECH_BE) ) 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 Indo Tech ( (INDOTECH_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Indo Tech 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.

Indo Tech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Indo Tech 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

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 1939.89 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.