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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 2024-05-30 View latest technical analysis

10 day averaged volume of Indraprastha Medical is 246774

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	228.75	236.00	239.50	226.05	3.185 times
29 Wed May 2024	237.25	236.00	240.35	235.65	0.335 times
28 Tue May 2024	238.40	243.80	243.80	237.05	0.541 times
27 Mon May 2024	241.90	243.05	246.15	239.90	0.351 times
24 Fri May 2024	243.90	243.35	247.00	242.70	0.347 times
23 Thu May 2024	246.15	247.70	247.70	243.00	0.431 times
22 Wed May 2024	244.75	250.80	250.80	242.60	0.584 times
21 Tue May 2024	247.40	262.00	264.90	244.60	1.707 times
18 Sat May 2024	262.70	267.80	272.00	261.00	0.484 times
17 Fri May 2024	264.25	254.80	278.40	250.15	4.709 times

Stock of Indraprastha Medical (INDRAMEDCO) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 226.6, for a target of 237.1 or 245.88

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	226.05
Upside Target	231.80
Upside 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	221.15
Downside Intraday Target	213.55
Upside Intraday Target	241.25
Upside Intraday Target	253.75
Upside Intraday Target	233.65

Weekly technical analysis of Indraprastha Medical (INDRAMEDCO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	228.75	243.05	246.15	226.05	1.437 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
30 Thu May 2024	228.75	267.55	278.40	226.05	0.27 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 Strong 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indraprastha Medical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 248.49 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.