Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(UNICHEMLAB) Unichem Laboratories complete technical analysis [charts+indicators] | Buy/Sell Unichem Laboratories | (UNICHEMLAB) share price targets

Complete technical analysis of Unichem Laboratories (UNICHEMLAB) by charts plus indicators, forecast predictions and share price targets for Unichem Laboratories (UNICHEMLAB)

Unichem Laboratories trades in NSE in Pharmaceuticals sector.

10 day averaged volume of Unichem Laboratories is 79414

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	591.40	579.00	599.95	577.95	0.634 times
23 Tue Apr 2024	576.00	594.00	604.70	572.00	0.42 times
22 Mon Apr 2024	588.60	585.00	605.90	578.40	0.716 times
19 Fri Apr 2024	578.30	582.15	583.95	541.95	1.008 times
18 Thu Apr 2024	584.05	570.00	607.40	569.95	3.205 times
16 Tue Apr 2024	560.75	554.00	565.00	547.35	0.558 times
15 Mon Apr 2024	549.70	505.00	561.00	505.00	1.137 times
12 Fri Apr 2024	542.55	544.90	549.90	539.55	0.32 times
10 Wed Apr 2024	544.90	556.85	556.85	542.10	0.541 times
09 Tue Apr 2024	546.65	556.00	560.00	543.00	0.491 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 572.9, but if it comes below 572.9, then a intra day sell could be more profitable.
If you take a sell trade below 572.9, then use 572.9 as stoploss and 535.61 as target. However if you take a buy trade in stock , then use 572.9 as stoploss and 617.6 as target.

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	400.55
Downside Target	435.80
Downside Target	460.60
Downside Target	472.75
Downside Target	502.45
Downside Target	537.40
Downside Target	554.00
Downside Target	569.00
Downside Target	572.00
Upside Target	605.90
Upside Target	607.40

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	573.63
Downside Intraday Target	555.87
Upside Intraday Target	607.53
Upside Intraday Target	623.67
Downside Intraday Target	589.77

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	591.40	585.00	605.90	572.00	0.3 times
19 Fri Apr 2024	578.30	505.00	607.40	505.00	1.999 times
12 Fri Apr 2024	542.55	553.90	569.00	539.55	1.254 times
05 Fri Apr 2024	543.60	492.25	554.00	490.00	1.914 times
28 Thu Mar 2024	492.05	492.00	502.45	472.75	1.138 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 Unichem Laboratories (UNICHEMLAB)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	591.40	492.25	607.40	490.00	2.301 times
28 Thu Mar 2024	492.05	526.00	537.40	472.75	0.14 times
29 Thu Feb 2024	518.75	470.95	572.00	460.60	2.214 times
31 Wed Jan 2024	467.95	409.35	482.00	407.05	3.659 times

Scroll below to view daily charts

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

Indicators analysis of Unichem Laboratories (UNICHEMLAB)

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Unichem Laboratories 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.

Unichem Laboratories 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 Unichem Laboratories 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 Unichem Laboratories is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 572.3 and Unichem Laboratories (UNICHEMLAB) 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 Unichem Laboratories (UNICHEMLAB) stock. Volume based technical analysis of Unichem Laboratories (UNICHEMLAB) stock is negative.

Unichem Laboratories 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.