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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 2023-12-21 View latest technical analysis

10 day averaged volume of Indo Tech is 8409

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Dec 2023	578.40	578.40	597.00	578.40	1.529 times
20 Wed Dec 2023	608.80	639.95	639.95	608.80	1.553 times
19 Tue Dec 2023	640.80	663.70	663.80	621.00	0.955 times
18 Mon Dec 2023	635.50	631.90	635.60	600.00	3.411 times
15 Fri Dec 2023	605.35	605.35	605.35	604.00	0.733 times
14 Thu Dec 2023	593.50	581.90	593.50	581.90	0.428 times
13 Wed Dec 2023	581.90	570.15	581.90	570.15	0.421 times
12 Tue Dec 2023	570.50	567.05	570.90	567.05	1.131 times
11 Mon Dec 2023	570.90	571.95	571.95	561.25	0.345 times
08 Fri Dec 2023	572.55	590.00	590.00	572.55	0.591 times

My analysis of stock is bearish for shortterm, and stock might move down till 561.9 or till 535.5. Use a stoploss of 583.9 and if the stock hits stoploss, then it can shoot up till 605.91

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	578.40
Upside Target	590.00
Upside Target	605.35
Upside Target	619.00
Upside Target	621.75
Upside Target	663.80

Intraday share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Intraday Target	549.93
Downside Intraday Target	521.47
Upside Intraday Target	635.33
Upside Intraday Target	692.27
Upside Intraday Target	606.87

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Dec 2023	578.40	631.90	663.80	578.40	2.436 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 down 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
21 Thu Dec 2023	578.40	561.10	663.80	561.10	0.783 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Indo Tech in short term but the sell signal is initial and weak.

Indo Tech 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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 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 606.72 and Indo Tech (INDOTECH_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.