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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 2024-12-02 View latest technical analysis

10 day averaged volume of Indoco Remedies is 151375

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	322.00	325.00	330.85	320.10	0.853 times
29 Fri Nov 2024	324.75	315.60	327.85	315.10	0.664 times
28 Thu Nov 2024	316.20	309.00	317.50	305.00	0.602 times
27 Wed Nov 2024	305.60	316.40	319.20	298.00	2.779 times
26 Tue Nov 2024	315.50	316.00	321.85	313.10	0.457 times
25 Mon Nov 2024	322.20	325.05	328.20	318.50	0.491 times
22 Fri Nov 2024	320.05	300.00	325.05	299.80	3.388 times
21 Thu Nov 2024	299.80	303.00	305.00	298.50	0.374 times
19 Tue Nov 2024	304.30	309.30	310.00	303.70	0.774 times
18 Mon Nov 2024	308.15	309.50	309.95	305.00	0.246 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 318.7, but if it comes below 318.7, then a intra day sell could be more profitable.
If you take a sell trade below 318.7, then use 318.7 as stoploss and 312.21 as target. However if you take a buy trade in stock , then use 318.7 as stoploss and 326.4 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	297.90
Downside Target	313.10
Upside Target	325.05
Upside Target	328.20
Upside Target	330.85
Upside Target	352.85
Upside Target	360.30
Upside Target	371.05
Upside Target	387.55

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	317.78
Downside Intraday Target	313.57
Upside Intraday Target	328.53
Upside Intraday Target	335.07
Upside Intraday Target	324.32

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	322.00	325.00	330.85	320.10	0.171 times
29 Fri Nov 2024	324.75	325.05	328.20	298.00	1.044 times
22 Fri Nov 2024	320.05	309.50	325.05	298.50	4.291 times
14 Thu Nov 2024	309.50	308.80	313.10	302.10	0.252 times
08 Fri Nov 2024	307.90	314.70	317.00	306.20	1.042 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 Indoco Remedies (INDOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	322.00	325.00	330.85	320.10	0.055 times
29 Fri Nov 2024	324.75	314.10	328.20	298.00	0.698 times
31 Thu Oct 2024	310.40	360.30	360.30	297.90	1.33 times
30 Mon Sep 2024	358.55	362.50	387.55	352.85	0.757 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 Indoco Remedies (INDOCO)

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Indoco Remedies stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Indoco Remedies in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indoco Remedies 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 red color and prices are in or above the red cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 314.27 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.