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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 2024-03-27 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 24013

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	481.90	491.00	492.35	472.75	2.438 times
26 Tue Mar 2024	486.80	492.00	502.45	484.00	1.089 times
22 Fri Mar 2024	498.00	504.15	510.00	491.05	0.515 times
21 Thu Mar 2024	504.15	491.05	510.00	491.05	0.693 times
20 Wed Mar 2024	493.90	502.35	508.90	488.20	0.846 times
19 Tue Mar 2024	511.95	516.00	517.90	505.65	0.827 times
18 Mon Mar 2024	516.65	520.10	529.45	512.00	0.697 times
15 Fri Mar 2024	527.25	507.30	529.00	505.85	1.871 times
14 Thu Mar 2024	507.60	480.00	519.70	480.00	0.826 times
13 Wed Mar 2024	486.95	519.05	525.30	481.00	1.4 times

Stock of Unichem Laboratories (UNICHEMLAB) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 480.4, for a target of 495.9 or 508.83

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	472.75
Upside Target	498.05
Upside Target	506.10
Upside Target	529.25
Upside Target	529.45
Upside Target	529.85
Upside Target	537.40
Upside Target	547.20
Upside Target	572.00

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	468.95
Downside Intraday Target	456
Upside Intraday Target	498.65
Upside Intraday Target	515.4
Upside Intraday Target	485.7

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	481.90	492.00	502.45	472.75	0.986 times
22 Fri Mar 2024	498.00	520.10	529.45	488.20	0.588 times
15 Fri Mar 2024	527.25	505.80	529.25	480.00	1.495 times
07 Thu Mar 2024	516.05	524.60	529.85	498.05	0.717 times
02 Sat Mar 2024	524.60	541.50	547.20	506.10	0.632 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
27 Wed Mar 2024	481.90	526.00	537.40	472.75	0.136 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 499.88 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.