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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 2024-06-10 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 17690

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	547.95	545.50	552.05	536.50	1.399 times
07 Fri Jun 2024	545.30	533.00	549.00	528.20	1.065 times
06 Thu Jun 2024	530.30	522.00	534.35	514.90	0.388 times
05 Wed Jun 2024	522.30	524.95	524.95	505.40	0.537 times
04 Tue Jun 2024	516.35	540.05	540.05	501.00	1.64 times
03 Mon Jun 2024	540.05	550.00	552.00	532.30	1.268 times
31 Fri May 2024	542.75	535.05	548.00	535.05	0.476 times
30 Thu May 2024	542.55	550.25	550.25	529.05	1.498 times
29 Wed May 2024	550.15	550.00	554.50	530.80	1.003 times
28 Tue May 2024	543.65	544.00	551.20	539.50	1.13 times

My analysis of stock is bullish for shortterm, and stock might move up till 558.7 or till 573.4. Use a stoploss of 546.43 and if this stock hits its stoploss, then it can fall down till 534.18

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	552.00
Upside Target	552.05
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	538.95
Downside Intraday Target	529.95
Upside Intraday Target	554.5
Upside Intraday Target	561.05
Downside Intraday Target	545.5

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	547.95	545.50	552.05	536.50	0.286 times
07 Fri Jun 2024	545.30	550.00	552.00	501.00	0.96 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

Price has moved up 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
10 Mon Jun 2024	547.95	550.00	552.05	501.00	0.121 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 up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Unichem Laboratories in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 538.48 and Unichem Laboratories (UNICHEMLAB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.