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(UNICHEMLAB) Unichem Laboratories complete technical analysis [charts+indicators] | Buy/Sell Unichem Laboratories | (UNICHEMLAB) share price targets

Complete technical analysis of Unichem Laboratories (UNICHEMLAB) by charts plus indicators, forecast predictions and share price targets for Unichem Laboratories (UNICHEMLAB)

Unichem Laboratories trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 26076

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	511.95	516.00	517.90	505.65	0.762 times
18 Mon Mar 2024	516.65	520.10	529.45	512.00	0.641 times
15 Fri Mar 2024	527.25	507.30	529.00	505.85	1.723 times
14 Thu Mar 2024	507.60	480.00	519.70	480.00	0.761 times
13 Wed Mar 2024	486.95	519.05	525.30	481.00	1.289 times
12 Tue Mar 2024	523.35	527.55	529.25	517.35	1.138 times
11 Mon Mar 2024	519.75	505.80	523.75	505.80	0.697 times
07 Thu Mar 2024	516.05	508.00	519.95	506.25	0.668 times
06 Wed Mar 2024	504.05	508.95	514.00	498.05	1.504 times
05 Tue Mar 2024	508.95	518.00	522.05	503.65	0.794 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 506.4 as stoploss in an intra day buy trade for a target of 519.39. However, stock will show a bearish move below 506.4.

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	399.00
Downside Target	435.80
Downside Target	449.00
Downside Target	460.60
Downside Target	480.00
Downside Target	498.05
Upside Target	526.30
Upside Target	529.45
Upside Target	529.85
Upside Target	537.40
Upside Target	547.20
Upside Target	571.30
Upside Target	572.00

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	501.92
Downside Intraday Target	491.88
Upside Intraday Target	525.72
Upside Intraday Target	539.48
Upside Intraday Target	515.68

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	511.95	520.10	529.45	505.65	0.25 times
15 Fri Mar 2024	527.25	505.80	529.25	480.00	1.495 times
07 Thu Mar 2024	516.05	524.60	529.85	498.05	0.717 times
02 Sat Mar 2024	524.60	541.50	547.20	506.10	0.632 times
23 Fri Feb 2024	539.30	560.00	571.30	526.30	0.529 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 Unichem Laboratories (UNICHEMLAB)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	511.95	526.00	537.40	480.00	0.094 times
29 Thu Feb 2024	518.75	470.95	572.00	460.60	2.214 times
31 Wed Jan 2024	467.95	409.35	482.00	407.05	3.659 times
29 Fri Dec 2023	405.90	419.95	435.80	400.55	0.733 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 Unichem Laboratories (UNICHEMLAB)

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories ( (UNICHEMLAB) ) 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 Unichem Laboratories stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Unichem Laboratories Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Unichem Laboratories 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 Unichem Laboratories is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 512.02 and Unichem Laboratories (UNICHEMLAB) 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 Unichem Laboratories (UNICHEMLAB) stock. Volume based technical analysis of Unichem Laboratories (UNICHEMLAB) stock is negative.

Unichem Laboratories 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.