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(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.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 27419

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	514.70	524.60	529.85	507.10	0.746 times
02 Sat Mar 2024	524.60	519.55	537.40	514.45	0.175 times
01 Fri Mar 2024	514.45	526.00	530.60	513.20	0.575 times
29 Thu Feb 2024	518.75	511.00	524.25	506.10	0.352 times
28 Wed Feb 2024	516.85	525.70	540.00	513.00	1.192 times
27 Tue Feb 2024	521.50	528.35	529.80	513.05	1.388 times
26 Mon Feb 2024	528.35	541.50	547.20	525.15	1.29 times
23 Fri Feb 2024	539.30	548.45	551.45	526.30	1.216 times
22 Thu Feb 2024	543.85	549.00	549.00	535.10	0.98 times
21 Wed Feb 2024	542.85	543.55	559.90	537.75	1.525 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 516.1, but if it comes above 516.1, then a intra day buy could be more profitable.
If you take a sell trade below 516.1, then use 516.1 as stoploss and 500.4 as target. However if you take a buy trade in stock , then use 516.1 as stoploss and 529.19 as target.

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	399.00
Downside Target	435.80
Downside Target	449.00
Downside Target	460.60
Downside Target	471.00
Downside Target	482.00
Downside Target	496.00
Downside Target	506.10
Upside Target	526.30
Upside Target	547.20
Upside Target	560.00
Upside Target	571.30
Upside Target	572.00

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	504.58
Downside Intraday Target	494.47
Upside Intraday Target	527.33
Upside Intraday Target	539.97
Upside Intraday Target	517.22

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	514.70	524.60	529.85	507.10	0.15 times
02 Sat Mar 2024	524.60	541.50	547.20	506.10	0.632 times
23 Fri Feb 2024	539.30	560.00	571.30	526.30	0.529 times
16 Fri Feb 2024	551.50	520.00	560.00	496.00	0.168 times
09 Fri Feb 2024	517.45	471.00	572.00	471.00	6.253 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 Unichem Laboratories (UNICHEMLAB)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	514.70	526.00	537.40	507.10	0.013 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
29 Fri Dec 2023	405.90	419.95	435.80	400.55	0.733 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 Unichem Laboratories (UNICHEMLAB)

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) based on a short to mid 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 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 losing momentum.

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

Unichem Laboratories Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal for Unichem Laboratories in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Unichem Laboratories is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 528.9 and Unichem Laboratories (UNICHEMLAB) 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 Unichem Laboratories (UNICHEMLAB) stock. Volume based technical analysis of Unichem Laboratories (UNICHEMLAB) stock is negative.

Unichem Laboratories Stock has given negative 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.