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(INDRAMEDCO) Indraprastha Medical complete technical analysis [charts+indicators] | Buy/Sell Indraprastha Medical | (INDRAMEDCO) share price targets

Complete technical analysis of Indraprastha Medical (INDRAMEDCO) by charts plus indicators, forecast predictions and share price targets for Indraprastha Medical (INDRAMEDCO)

Indraprastha Medical trades in NSE in Healthcare Facilities sector.

Showing technical analysis as on 2024-05-22 View latest technical analysis

10 day averaged volume of Indraprastha Medical is 333475

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	244.75	250.80	250.80	242.60	0.432 times
21 Tue May 2024	247.40	262.00	264.90	244.60	1.263 times
18 Sat May 2024	262.70	267.80	272.00	261.00	0.358 times
17 Fri May 2024	264.25	254.80	278.40	250.15	3.485 times
16 Thu May 2024	246.85	245.45	248.50	242.00	0.378 times
15 Wed May 2024	244.10	247.90	249.10	241.00	1.499 times
14 Tue May 2024	245.50	242.65	248.50	238.90	0.508 times
13 Mon May 2024	242.35	244.35	245.50	231.80	0.529 times
10 Fri May 2024	240.05	242.00	249.60	239.00	0.689 times
09 Thu May 2024	240.55	246.00	246.00	238.75	0.902 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 243 as stoploss in an intra day buy trade for a target of 254.26. However, stock will show a bearish move below 243.

Share price targets for Indraprastha Medical (INDRAMEDCO)

Target Type	Value
Downside Target	69.45
Downside Target	83.80
Downside Target	87.00
Downside Target	93.30
Downside Target	154.50
Downside Target	173.35
Downside Target	182.00
Downside Target	231.80
Downside Target	242.60
Upside Target	260.10
Upside Target	276.30
Upside Target	278.40
Upside Target	282.80

Intraday share price targets for Indraprastha Medical (INDRAMEDCO)

Target Type	Value
Downside Intraday Target	236.6
Downside Intraday Target	228.45
Upside Intraday Target	258.9
Upside Intraday Target	273.05
Upside Intraday Target	250.75

Weekly technical analysis of Indraprastha Medical (INDRAMEDCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	244.75	262.00	264.90	242.60	0.251 times
18 Sat May 2024	262.70	244.35	278.40	231.80	1.687 times
10 Fri May 2024	240.05	265.00	267.35	235.00	0.958 times
03 Fri May 2024	263.25	265.65	276.30	260.10	0.227 times
26 Fri Apr 2024	262.20	236.50	282.80	235.10	4.136 times

Price has moved down 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 Indraprastha Medical (INDRAMEDCO)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	244.75	267.55	278.40	231.80	0.211 times
30 Tue Apr 2024	267.55	174.85	282.80	173.35	11.758 times
28 Thu Mar 2024	171.35	181.75	182.00	154.50	2.186 times
05 Mon Dec 2022	85.10	83.80	87.00	83.80	0.053 times

Scroll below to view daily charts

Price has moved down 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 Indraprastha Medical (INDRAMEDCO)

Price action analysis of Indraprastha Medical ( (INDRAMEDCO) ) 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 Indraprastha Medical ( (INDRAMEDCO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Indraprastha Medical ( (INDRAMEDCO) ) based on a short to mid 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.

Price action analysis of Indraprastha Medical ( (INDRAMEDCO) ) 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 Indraprastha Medical stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Indraprastha Medical 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 Indraprastha Medical in short term and SELL 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 Indraprastha Medical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 251.68 and Indraprastha Medical (INDRAMEDCO) 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 Indraprastha Medical (INDRAMEDCO) stock. Volume based technical analysis of Indraprastha Medical (INDRAMEDCO) stock is negative.

Indraprastha Medical 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.