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(INDOCO) Indoco Remedies complete technical analysis [charts+indicators] | Buy/Sell Indoco Remedies | (INDOCO) share price targets

Complete technical analysis of Indoco Remedies (INDOCO) by charts plus indicators, forecast predictions and share price targets for Indoco Remedies (INDOCO)

Indoco Remedies trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Indoco Remedies is 66146

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	335.75	334.30	338.00	329.05	1.411 times
19 Mon Aug 2024	330.35	327.10	332.95	325.85	0.522 times
16 Fri Aug 2024	326.90	331.80	332.40	325.00	0.447 times
14 Wed Aug 2024	330.10	329.55	334.00	323.00	0.742 times
13 Tue Aug 2024	327.90	333.30	334.85	325.40	0.741 times
12 Mon Aug 2024	332.65	323.00	338.40	321.20	2.065 times
09 Fri Aug 2024	321.95	322.20	324.60	320.10	0.461 times
08 Thu Aug 2024	321.65	323.90	324.05	319.80	0.558 times
07 Wed Aug 2024	322.40	319.10	325.45	319.05	0.818 times
06 Tue Aug 2024	316.80	321.50	332.00	315.15	2.094 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 337.2, for a target of 331 or 325.86

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	315.15
Downside Target	333.75
Upside Target	338.00
Upside Target	338.40
Upside Target	338.80
Upside Target	345.25
Upside Target	358.00
Upside Target	372.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	328.4
Downside Intraday Target	321.05
Upside Intraday Target	340.55
Upside Intraday Target	345.35
Downside Intraday Target	333.2

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	335.75	327.10	338.00	325.85	0.484 times
16 Fri Aug 2024	326.90	323.00	338.40	321.20	0.729 times
09 Fri Aug 2024	321.95	320.95	332.00	315.15	0.655 times
02 Fri Aug 2024	325.75	323.10	338.80	323.10	0.728 times
26 Fri Jul 2024	322.90	326.00	331.70	316.70	1.872 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 Indoco Remedies (INDOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	335.75	337.45	338.80	315.15	0.272 times
31 Wed Jul 2024	332.45	326.50	358.00	316.70	1.811 times
28 Fri Jun 2024	324.80	303.10	333.75	286.60	0.471 times
31 Fri May 2024	300.45	328.10	345.25	295.15	1.657 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 Indoco Remedies (INDOCO)

Price action analysis of Indoco Remedies ( (INDOCO) ) 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 Indoco Remedies ( (INDOCO) ) 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 Indoco Remedies ( (INDOCO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indoco Remedies ( (INDOCO) ) 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 Indoco Remedies stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Indoco Remedies 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.

Indoco Remedies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Indoco Remedies 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indoco Remedies is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 326.82 and Indoco Remedies (INDOCO) 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 Indoco Remedies (INDOCO) stock. Volume based technical analysis of Indoco Remedies (INDOCO) stock is negative.

Indoco Remedies Stock is giving positive 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.