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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 2024-08-05 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 20580

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	560.35	565.50	569.80	543.95	2.409 times
02 Fri Aug 2024	580.50	552.00	585.00	552.00	1.861 times
01 Thu Aug 2024	568.90	565.00	572.00	551.10	1.204 times
31 Wed Jul 2024	568.50	542.80	571.00	537.65	2.814 times
30 Tue Jul 2024	540.10	534.00	542.20	534.00	0.49 times
29 Mon Jul 2024	539.10	541.90	550.35	532.05	0.815 times
26 Fri Jul 2024	539.05	537.80	544.00	534.00	0.507 times
25 Thu Jul 2024	535.15	540.90	543.90	530.05	0.498 times
24 Wed Jul 2024	542.45	524.30	544.95	522.85	0.908 times
23 Tue Jul 2024	526.15	524.10	528.30	518.05	0.313 times

Stock of Unichem Laboratories (UNICHEMLAB) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 556, but if it comes below 556, then a intra day sell could be more profitable.
If you take a sell trade below 556, then use 556 as stoploss and 539.76 as target. However if you take a buy trade in stock , then use 556 as stoploss and 575.5 as target.

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	490.00
Downside Target	501.00
Downside Target	511.55
Downside Target	542.90
Downside Target	548.55
Upside Target	561.00
Upside Target	569.80
Upside Target	571.00
Upside Target	585.00
Upside Target	607.40
Upside Target	615.65

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	546.27
Downside Intraday Target	532.18
Upside Intraday Target	572.12
Upside Intraday Target	583.88
Downside Intraday Target	558.03

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	560.35	565.50	569.80	543.95	0.335 times
02 Fri Aug 2024	580.50	541.90	585.00	532.05	2.55 times
26 Fri Jul 2024	539.05	515.05	544.95	511.55	0.631 times
19 Fri Jul 2024	520.25	533.00	542.90	515.20	1.169 times
12 Fri Jul 2024	532.10	533.55	548.55	524.25	1.2 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 Mon Aug 2024	560.35	565.00	585.00	543.95	0.297 times
31 Wed Jul 2024	568.50	535.20	571.00	511.55	0.823 times
28 Fri Jun 2024	531.95	550.00	561.00	501.00	0.499 times
31 Fri May 2024	542.75	587.65	615.65	526.50	0.828 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Unichem Laboratories ( (UNICHEMLAB) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Unichem Laboratories in short term and the buy 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Unichem Laboratories in short term but SELL signal is weak.

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 559.77 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.