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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)

Showing technical analysis as on 2023-12-19 View latest technical analysis

10 day averaged volume of Indo Tech is 6764

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	640.80	663.70	663.80	621.00	1.187 times
18 Mon Dec 2023	635.50	631.90	635.60	600.00	4.24 times
15 Fri Dec 2023	605.35	605.35	605.35	604.00	0.911 times
14 Thu Dec 2023	593.50	581.90	593.50	581.90	0.532 times
13 Wed Dec 2023	581.90	570.15	581.90	570.15	0.523 times
12 Tue Dec 2023	570.50	567.05	570.90	567.05	1.406 times
11 Mon Dec 2023	570.90	571.95	571.95	561.25	0.429 times
08 Fri Dec 2023	572.55	590.00	590.00	572.55	0.734 times
07 Thu Dec 2023	584.20	573.00	584.45	573.00	0.538 times
06 Wed Dec 2023	573.00	562.20	573.00	562.20	0.184 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 633.2, for a target of 606.8 or 584.71

Share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Target	383.00
Downside Target	413.00
Downside Target	430.90
Downside Target	448.00
Downside Target	504.00
Downside Target	550.65
Downside Target	590.00
Downside Target	600.00
Downside Target	605.35
Downside Target	619.00
Downside Target	621.75
Upside Target	663.80

Intraday share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Intraday Target	605.93
Downside Intraday Target	571.07
Upside Intraday Target	669.73
Upside Intraday Target	698.67
Downside Intraday Target	634.87

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	640.80	631.90	663.80	600.00	1.428 times
15 Fri Dec 2023	605.35	571.95	605.35	561.25	1.386 times
08 Fri Dec 2023	572.55	571.00	590.00	562.20	0.673 times
01 Fri Dec 2023	571.40	561.85	573.20	550.65	0.804 times
24 Fri Nov 2023	573.30	595.85	619.00	573.30	0.908 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 Indo Tech (INDOTECH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	640.80	561.10	663.80	561.10	0.602 times
30 Thu Nov 2023	560.20	504.70	621.75	504.70	0.695 times
31 Tue Oct 2023	505.50	431.20	567.00	430.90	2.417 times
29 Fri Sep 2023	431.00	446.00	448.00	413.00	0.172 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 Indo Tech (INDOTECH_BE)

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

MACD generated a BUY signal for Indo Tech 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.

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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indo Tech 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 positive zone. This is a BUY zone

Stock of Indo Tech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 609.67 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.