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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 2023-12-27 View latest technical analysis

10 day averaged volume of Indo Tech is 10534

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	628.15	649.20	654.00	621.00	1.237 times
26 Tue Dec 2023	629.05	627.90	629.05	611.00	0.761 times
22 Fri Dec 2023	599.10	557.20	607.30	556.20	1.128 times
21 Thu Dec 2023	578.40	578.40	597.00	578.40	1.22 times
20 Wed Dec 2023	608.80	639.95	639.95	608.80	1.24 times
19 Tue Dec 2023	640.80	663.70	663.80	621.00	0.762 times
18 Mon Dec 2023	635.50	631.90	635.60	600.00	2.723 times
15 Fri Dec 2023	605.35	605.35	605.35	604.00	0.585 times
14 Thu Dec 2023	593.50	581.90	593.50	581.90	0.342 times
13 Wed Dec 2023	581.90	570.15	581.90	570.15	0.336 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 615.6, but if it comes below 615.6, then a intra day sell could be more profitable.
If you take a sell trade below 615.6, then use 615.6 as stoploss and 590.71 as target. However if you take a buy trade in stock , then use 615.6 as stoploss and 645.5 as target.

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	605.35
Downside Target	611.00
Downside Target	621.75
Upside Target	654.00
Upside Target	663.80

Intraday share price targets for Indo Tech (INDOTECH_BE)

Target Type	Value
Downside Intraday Target	608.1
Downside Intraday Target	588.05
Upside Intraday Target	651.1
Upside Intraday Target	674.05
Upside Intraday Target	631.05

Weekly technical analysis of Indo Tech (INDOTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	628.15	627.90	654.00	611.00	0.283 times
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

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
27 Wed Dec 2023	628.15	561.10	663.80	556.20	1.013 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 and the buying is gaining 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 615.78 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.