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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 2024-06-05 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 61380

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	522.30	524.95	524.95	505.40	0.155 times
04 Tue Jun 2024	516.35	540.05	540.05	501.00	0.473 times
03 Mon Jun 2024	540.05	550.00	552.00	532.30	0.365 times
31 Fri May 2024	542.75	535.05	548.00	535.05	0.137 times
30 Thu May 2024	542.55	550.25	550.25	529.05	0.432 times
29 Wed May 2024	550.15	550.00	554.50	530.80	0.289 times
28 Tue May 2024	543.65	544.00	551.20	539.50	0.326 times
27 Mon May 2024	548.45	553.00	554.00	542.50	0.287 times
24 Fri May 2024	553.25	547.00	558.95	540.30	0.341 times
23 Thu May 2024	550.15	562.85	562.85	546.00	0.895 times

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 521.3, for a target of 536.6 or 549.35

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	460.60
Downside Target	472.75
Downside Target	490.00
Downside Target	501.00
Upside Target	526.50
Upside Target	549.95
Upside Target	554.50
Upside Target	571.45
Upside Target	572.00
Upside Target	583.00
Upside Target	607.40
Upside Target	615.65

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	498.2
Downside Intraday Target	474.1
Upside Intraday Target	549.2
Upside Intraday Target	576.1
Upside Intraday Target	525.1

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	522.30	550.00	552.00	501.00	0.675 times
31 Fri May 2024	542.75	553.00	554.50	529.05	0.181 times
24 Fri May 2024	553.25	569.95	583.00	526.50	5.656 times
18 Sat May 2024	561.15	567.75	571.45	538.00	0.565 times
10 Fri May 2024	567.65	600.35	615.65	549.95	1.157 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
05 Wed Jun 2024	522.30	550.00	552.00	501.00	0.066 times
31 Fri May 2024	542.75	587.65	615.65	526.50	0.828 times
30 Tue Apr 2024	587.65	492.25	607.40	490.00	2.483 times
28 Thu Mar 2024	492.05	526.00	537.40	472.75	0.14 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Unichem Laboratories stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Unichem Laboratories Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Unichem Laboratories in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Unichem Laboratories is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 542.09 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.