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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 2024-08-22 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 88009

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	585.50	588.55	591.50	581.55	0.273 times
21 Wed Aug 2024	583.35	566.95	589.00	563.30	0.581 times
20 Tue Aug 2024	564.75	556.55	567.95	555.30	0.244 times
19 Mon Aug 2024	556.55	565.00	566.55	553.55	0.187 times
16 Fri Aug 2024	564.70	562.50	570.00	556.10	0.143 times
14 Wed Aug 2024	557.05	563.60	573.00	555.00	0.249 times
13 Tue Aug 2024	572.20	580.55	597.55	568.00	0.585 times
12 Mon Aug 2024	573.15	558.30	577.30	546.00	0.595 times
09 Fri Aug 2024	558.95	598.20	603.70	554.90	1.088 times
08 Thu Aug 2024	578.30	582.60	631.00	561.30	5.864 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 578.4, but if it comes below 578.4, then a intra day sell could be more profitable.
If you take a sell trade below 578.4, then use 578.4 as stoploss and 562.85 as target. However if you take a buy trade in stock , then use 578.4 as stoploss and 597.2 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	526.50
Downside Target	543.50
Downside Target	585.00
Upside Target	591.50
Upside Target	597.55
Upside Target	607.40
Upside Target	615.65
Upside Target	631.00

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	562.2
Downside Intraday Target	538.9
Upside Intraday Target	600.15
Upside Intraday Target	614.8
Downside Intraday Target	576.85

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	585.50	565.00	591.50	553.55	0.817 times
16 Fri Aug 2024	564.70	558.30	597.55	546.00	0.184 times
09 Fri Aug 2024	558.95	565.50	631.00	543.50	5.082 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

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
22 Thu Aug 2024	585.50	565.00	631.00	543.50	2.813 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 up this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 574.49 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 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 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.