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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 2024-04-12 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 46803

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	542.55	544.90	549.90	539.55	0.543 times
10 Wed Apr 2024	544.90	556.85	556.85	542.10	0.918 times
09 Tue Apr 2024	546.65	556.00	560.00	543.00	0.834 times
08 Mon Apr 2024	556.90	553.90	569.00	550.10	2.721 times
05 Fri Apr 2024	543.60	499.80	554.00	497.05	3.076 times
04 Thu Apr 2024	499.80	499.40	502.90	495.00	0.202 times
03 Wed Apr 2024	498.85	493.65	502.45	493.65	0.204 times
02 Tue Apr 2024	498.65	496.40	505.00	492.70	0.206 times
01 Mon Apr 2024	492.70	492.25	507.10	490.00	0.311 times
28 Thu Mar 2024	492.05	495.00	499.00	489.00	0.279 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 534.5, but if it comes below 534.5, then a intra day sell could be more profitable.
If you take a sell trade below 534.5, then use 534.5 as stoploss and 511.59 as target. However if you take a buy trade in stock , then use 534.5 as stoploss and 562.1 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	529.25
Downside Target	529.45
Downside Target	537.40
Downside Target	539.55
Upside Target	554.00
Upside Target	569.00
Upside Target	572.00

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	531.73
Downside Intraday Target	520.92
Upside Intraday Target	561.18
Upside Intraday Target	579.82
Upside Intraday Target	550.37

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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

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
12 Fri Apr 2024	542.55	492.25	569.00	490.00	0.941 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, 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 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 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 Strong and stock is losing 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Unichem Laboratories in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 541.66 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.