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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 2024-12-20 View latest technical analysis

10 day averaged volume of Indoco Remedies is 236210

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	339.95	334.00	346.00	325.45	0.623 times
19 Thu Dec 2024	334.85	333.50	339.45	330.05	0.272 times
18 Wed Dec 2024	338.75	340.25	344.95	331.55	0.625 times
17 Tue Dec 2024	344.40	341.00	349.45	312.00	5.188 times
16 Mon Dec 2024	340.55	336.00	341.40	331.50	0.265 times
13 Fri Dec 2024	335.30	331.80	341.80	330.30	0.354 times
12 Thu Dec 2024	335.15	342.90	342.90	331.35	0.239 times
11 Wed Dec 2024	341.65	340.00	345.50	333.25	1.467 times
10 Tue Dec 2024	338.80	316.10	343.55	316.10	0.958 times
09 Mon Dec 2024	318.75	326.85	326.85	316.10	0.362 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 338.7, but if it comes below 338.7, then a intra day sell could be more profitable.
If you take a sell trade below 338.7, then use 338.7 as stoploss and 328.1 as target. However if you take a buy trade in stock , then use 338.7 as stoploss and 351.5 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	297.90
Downside Target	312.00
Downside Target	325.05
Upside Target	345.50
Upside Target	349.45
Upside Target	352.85
Upside Target	355.00
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	318.15
Downside Intraday Target	296.35
Upside Intraday Target	355.6
Upside Intraday Target	371.25
Downside Intraday Target	333.8

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	339.95	336.00	349.45	312.00	2.063 times
13 Fri Dec 2024	335.30	326.85	345.50	316.10	0.346 times
06 Fri Dec 2024	323.55	325.00	355.00	312.10	3.054 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indoco Remedies (INDOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	339.95	325.00	355.00	312.00	2.032 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 up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Indoco Remedies ( (INDOCO) ) 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 Indoco Remedies ( (INDOCO) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 341.11 and Indoco Remedies (INDOCO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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