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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 2024-09-11 View latest technical analysis

10 day averaged volume of Unichem Laboratories is 22302

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	589.60	575.60	597.00	573.90	2.491 times
10 Tue Sep 2024	572.75	565.10	613.85	565.10	2.952 times
09 Mon Sep 2024	566.50	573.90	574.95	564.20	0.315 times
06 Fri Sep 2024	570.85	577.30	585.40	568.00	0.589 times
05 Thu Sep 2024	578.30	579.80	587.00	575.40	0.593 times
04 Wed Sep 2024	574.45	571.40	579.75	570.00	0.361 times
03 Tue Sep 2024	571.70	591.55	591.55	571.00	1.471 times
02 Mon Sep 2024	587.50	577.50	600.00	577.50	1.427 times
30 Fri Aug 2024	579.15	573.45	588.95	570.00	0.886 times
29 Thu Aug 2024	565.00	570.75	581.00	564.05	0.407 times

Stock of Unichem Laboratories (UNICHEMLAB) has showed a significant upmove. This could be a good time to enter in 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 585.4, but if it comes below 585.4, then a intra day sell could be more profitable.
If you take a sell trade below 585.4, then use 585.4 as stoploss and 574.88 as target. However if you take a buy trade in stock , then use 585.4 as stoploss and 597.9 as target.

Share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Target	501.00
Downside Target	511.55
Downside Target	526.50
Downside Target	543.50
Upside Target	597.55
Upside Target	600.00
Upside Target	601.45
Upside Target	613.85
Upside Target	615.65
Upside Target	631.00

Intraday share price targets for Unichem Laboratories (UNICHEMLAB)

Target Type	Value
Downside Intraday Target	564.58
Downside Intraday Target	539.57
Upside Intraday Target	614.23
Upside Intraday Target	638.87
Downside Intraday Target	589.22

Weekly technical analysis of Unichem Laboratories (UNICHEMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	589.60	573.90	613.85	564.20	1.297 times
06 Fri Sep 2024	570.85	577.50	600.00	568.00	0.96 times
30 Fri Aug 2024	579.15	593.00	601.45	564.05	0.746 times
23 Fri Aug 2024	596.30	565.00	600.00	553.55	0.999 times
16 Fri Aug 2024	564.70	558.30	597.55	546.00	0.184 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
11 Wed Sep 2024	589.60	577.50	613.85	564.20	0.19 times
30 Fri Aug 2024	579.15	565.00	631.00	543.50	3.152 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

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 to mid 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.

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 losing momentum.

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

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 LOWS in short term which reflects strong selling momentum. 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 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 578.39 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.