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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 2024-05-28 View latest technical analysis

10 day averaged volume of Indraprastha Medical is 292105

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	238.40	243.80	243.80	237.05	0.457 times
27 Mon May 2024	241.90	243.05	246.15	239.90	0.297 times
24 Fri May 2024	243.90	243.35	247.00	242.70	0.293 times
23 Thu May 2024	246.15	247.70	247.70	243.00	0.364 times
22 Wed May 2024	244.75	250.80	250.80	242.60	0.493 times
21 Tue May 2024	247.40	262.00	264.90	244.60	1.442 times
18 Sat May 2024	262.70	267.80	272.00	261.00	0.409 times
17 Fri May 2024	264.25	254.80	278.40	250.15	3.978 times
16 Thu May 2024	246.85	245.45	248.50	242.00	0.432 times
15 Wed May 2024	244.10	247.90	249.10	241.00	1.712 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 239.7, but if it comes above 239.7, then a intra day buy could be more profitable.
If you take a sell trade below 239.7, then use 239.7 as stoploss and 228 as target. However if you take a buy trade in stock , then use 239.7 as stoploss and 249.34 as target.

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
Upside Target	242.60
Upside Target	260.10
Upside Target	267.35
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	234.92
Downside Intraday Target	231.43
Upside Intraday Target	244.02
Upside Intraday Target	249.63
Upside Intraday Target	240.53

Weekly technical analysis of Indraprastha Medical (INDRAMEDCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	238.40	243.05	246.15	237.05	0.291 times
24 Fri May 2024	243.90	262.00	264.90	242.60	0.336 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

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
28 Tue May 2024	238.40	267.55	278.40	231.80	0.23 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Indraprastha Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 253.36 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.