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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 2024-06-24 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 18690

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	529.45	535.05	536.80	525.00	0.404 times
21 Fri Jun 2024	535.00	533.00	538.60	531.70	1.165 times
20 Thu Jun 2024	532.45	538.00	544.45	529.05	1.508 times
19 Wed Jun 2024	538.10	539.70	546.20	534.00	0.456 times
18 Tue Jun 2024	539.55	558.50	561.00	536.00	1.584 times
14 Fri Jun 2024	550.25	550.15	553.00	543.00	1.29 times
13 Thu Jun 2024	549.55	550.90	552.05	546.10	0.646 times
12 Wed Jun 2024	550.80	549.00	555.95	543.35	0.365 times
11 Tue Jun 2024	548.80	547.65	551.50	538.05	0.654 times
10 Mon Jun 2024	547.95	545.50	552.05	536.50	1.324 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 530.6, but if it comes above 530.6, then a intra day buy could be more profitable.
If you take a sell trade below 530.6, then use 530.6 as stoploss and 519.1 as target. However if you take a buy trade in stock , then use 530.6 as stoploss and 540.19 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	525.00
Upside Target	552.00
Upside Target	554.50
Upside Target	555.95
Upside Target	561.00
Upside Target	572.00
Upside Target	607.40
Upside Target	615.65

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	524.03
Downside Intraday Target	518.62
Upside Intraday Target	535.83
Upside Intraday Target	542.22
Upside Intraday Target	530.42

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	529.45	535.05	536.80	525.00	0.086 times
21 Fri Jun 2024	535.00	558.50	561.00	529.05	1.101 times
14 Fri Jun 2024	550.25	545.50	555.95	536.50	0.923 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

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
24 Mon Jun 2024	529.45	550.00	561.00	501.00	0.284 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 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 mid to longer 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.

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 541.76 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.