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Stock analysis Indoco Remedies Limited INDOCO

More indepth analysis on MunafaSutra.com

Moving Averages for Indoco Remedies Limited

  • 5Day Average: 333.73
  • 12Day Average: 333.36
  • 20Day Average: 334.91
  • 50Day Average: 324.2
  • 100Day Average: 338.14
  • 150Day Average: 335.69
  • 200Day Average: 333.42

INDOCO Indicators & signals

Indicator MACD (12,26,9)

333.43, 331.88, 2.45
Indicator MACD is in positive zone

Indicator ADX (14)

6.34, 13.8, 15.67
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INDOCO Indoco Remedies Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 327.80 324.80 to 338.00 -1.9% 1.72 times
09 Thu Jan 2025 334.15 325.00 to 339.45 -0.58% 1.43 times
08 Wed Jan 2025 336.10 331.95 to 338.00 -0.16% 0.55 times
07 Tue Jan 2025 336.65 333.00 to 338.05 0.81% 1.34 times
06 Mon Jan 2025 333.95 330.60 to 339.85 -0.71% 0.93 times
03 Fri Jan 2025 336.35 335.95 to 343.65 -0.37% 1.12 times
02 Thu Jan 2025 337.60 332.80 to 344.00 1.63% 3.2 times
01 Wed Jan 2025 332.20 329.80 to 334.05 0% 0.13 times
31 Tue Dec 2024 332.20 326.00 to 335.00 0.73% 0.29 times
30 Mon Dec 2024 329.80 327.65 to 339.00 -0.62% 0.68 times
27 Fri Dec 2024 331.85 329.00 to 335.00 0.05% 0.35 times
26 Thu Dec 2024 331.70 328.05 to 334.65 0.26% 0.32 times

Technical analysis forecast for Indoco Remedies Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indoco Remedies Limited INDOCO at this time. Stock is falling and might fall more.

It appears as if Indoco Remedies Limited INDOCO gave a large move recently.

Stock of Indoco Remedies Limited (INDOCO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Indoco Remedies Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Indoco Remedies Limited stays below 328.5, but if it comes above 328.5, then a intra day buy could be more profitable.
If you take a sell trade below 328.5, then use 328.5 as stoploss and 323.5 as target. However if you take a buy trade in Indoco Remedies Limited, then use 328.5 as stoploss and 332.69 as target.

More indepth analysis on MunafaSutra.com