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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 2024-06-06 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 22703

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	530.30	522.00	534.35	514.90	0.302 times
05 Wed Jun 2024	522.30	524.95	524.95	505.40	0.419 times
04 Tue Jun 2024	516.35	540.05	540.05	501.00	1.278 times
03 Mon Jun 2024	540.05	550.00	552.00	532.30	0.988 times
31 Fri May 2024	542.75	535.05	548.00	535.05	0.371 times
30 Thu May 2024	542.55	550.25	550.25	529.05	1.167 times
29 Wed May 2024	550.15	550.00	554.50	530.80	0.782 times
28 Tue May 2024	543.65	544.00	551.20	539.50	0.881 times
27 Mon May 2024	548.45	553.00	554.00	542.50	0.775 times
24 Fri May 2024	553.25	547.00	558.95	540.30	0.921 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 534.8, but if it comes above 534.8, then a intra day buy could be more profitable.
If you take a sell trade below 534.8, then use 534.8 as stoploss and 518.8 as target. However if you take a buy trade in stock , then use 534.8 as stoploss and 548.11 as target.

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
Downside 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	503.53
Downside Intraday Target	476.77
Upside Intraday Target	554.53
Upside Intraday Target	578.77
Downside Intraday Target	527.77

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	530.30	550.00	552.00	501.00	0.751 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
06 Thu Jun 2024	530.30	550.00	552.00	501.00	0.074 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 buy signal for Unichem Laboratories in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 539.16 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.