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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 2023-12-22 View latest technical analysis

10 day averaged volume of Indo Tech is 9331

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	599.10	557.20	607.30	556.20	1.273 times
21 Thu Dec 2023	578.40	578.40	597.00	578.40	1.378 times
20 Wed Dec 2023	608.80	639.95	639.95	608.80	1.4 times
19 Tue Dec 2023	640.80	663.70	663.80	621.00	0.861 times
18 Mon Dec 2023	635.50	631.90	635.60	600.00	3.074 times
15 Fri Dec 2023	605.35	605.35	605.35	604.00	0.661 times
14 Thu Dec 2023	593.50	581.90	593.50	581.90	0.386 times
13 Wed Dec 2023	581.90	570.15	581.90	570.15	0.379 times
12 Tue Dec 2023	570.50	567.05	570.90	567.05	1.019 times
11 Mon Dec 2023	570.90	571.95	571.95	561.25	0.311 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 606.9 as stoploss in an intra day sell trade for a target of 584.61. However, stock will show a bullish move above 606.9.

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	573.30
Downside 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	548.93
Downside Intraday Target	498.77
Upside Intraday Target	656.53
Upside Intraday Target	713.97
Upside Intraday Target	606.37

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	599.10	631.90	663.80	556.20	2.898 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
22 Fri Dec 2023	599.10	561.10	663.80	556.20	0.866 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 moving up

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

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

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 607.51 and Indo Tech (INDOTECH_BE) 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 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.