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(INDOTECH_BE) Indo Tech complete technical analysis [charts+indicators] | Buy/Sell Indo Tech | (INDOTECH_BE) share price targets

Complete technical analysis of Indo Tech (INDOTECH_BE) by charts plus indicators, forecast predictions and share price targets for Indo Tech (INDOTECH_BE)

10 day averaged volume of Indo Tech is 27573

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	1699.50	1777.00	1799.95	1697.15	1.187 times
30 Thu May 2024	1786.45	1820.00	1885.00	1763.35	0.745 times
29 Wed May 2024	1841.80	1857.00	1857.00	1694.20	4.003 times
28 Tue May 2024	1768.60	1768.60	1768.60	1768.60	0.253 times
27 Mon May 2024	1684.40	1684.40	1684.40	1684.40	0.259 times
24 Fri May 2024	1604.20	1604.20	1604.20	1604.20	0.79 times
23 Thu May 2024	1527.85	1662.00	1663.65	1510.00	0.978 times
22 Wed May 2024	1584.45	1584.45	1584.45	1550.00	0.94 times
21 Tue May 2024	1509.00	1440.00	1509.00	1437.20	0.948 times
18 Sat May 2024	1437.15	1425.00	1437.20	1368.00	0.52 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1682.8, but if it comes below 1682.8, then a intra day sell could be more profitable.
If you take a sell trade below 1682.8, then use 1682.8 as stoploss and 1539.79 as target. However if you take a buy trade in stock , then use 1682.8 as stoploss and 1854.3 as target.

Share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Target	430.90
Downside Target	504.70
Downside Target	556.20
Downside Target	621.75
Downside Target	663.80
Downside Target	1347.00
Downside Target	1437.20
Downside Target	1480.00
Downside Target	1625.25
Downside Target	1663.65
Upside Target	1717.20
Upside Target	1880.00
Upside Target	1885.00
Upside Target	2005.95

Intraday share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Intraday Target	1627.6
Downside Intraday Target	1555.7
Upside Intraday Target	1828.2
Upside Intraday Target	1956.9
Upside Intraday Target	1756.3

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	1699.50	1684.40	1885.00	1684.40	1.763 times
24 Fri May 2024	1604.20	1440.00	1663.65	1437.20	0.965 times
18 Sat May 2024	1437.15	1480.00	1480.00	1350.45	0.611 times
10 Fri May 2024	1450.75	1601.00	1698.00	1347.00	1.235 times
03 Fri May 2024	1648.15	1780.00	1880.00	1625.25	0.565 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 Indo Tech (INDOTECH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	1699.50	1631.35	1885.00	1347.00	1.934 times
30 Tue Apr 2024	1717.20	1910.40	2005.95	1717.20	1.9 times
29 Fri Dec 2023	662.40	561.10	663.80	556.20	1.175 times
30 Thu Nov 2023	560.20	504.70	621.75	504.70	0.695 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Indo Tech (INDOTECH_BE)

Price action analysis of Indo Tech ( (INDOTECH_BE) ) 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 Indo Tech ( (INDOTECH_BE) ) 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 Indo Tech ( (INDOTECH_BE) ) 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 Indo Tech stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indo Tech in short term and the buy signal is strong.

Indo Tech 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indo Tech in short term but SELL signal is weak.

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 Indo Tech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1697.58 and Indo Tech (INDOTECH_BE) 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 Indo Tech (INDOTECH_BE) stock. Volume based technical analysis of Indo Tech (INDOTECH_BE) stock is negative.

Indo Tech 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.