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(INDRAMEDCO) Indraprastha Medical complete technical analysis [charts+indicators] | Buy/Sell Indraprastha Medical | (INDRAMEDCO) share price targets

Complete technical analysis of Indraprastha Medical (INDRAMEDCO) by charts plus indicators, forecast predictions and share price targets for Indraprastha Medical (INDRAMEDCO)

10 day averaged volume of Indraprastha Medical is 347005

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 264.25 254.80 278.40 250.15 3.349 times
16 Thu May 2024 246.85 245.45 248.50 242.00 0.363 times
15 Wed May 2024 244.10 247.90 249.10 241.00 1.441 times
14 Tue May 2024 245.50 242.65 248.50 238.90 0.488 times
13 Mon May 2024 242.35 244.35 245.50 231.80 0.509 times

Stock of Indraprastha Medical (INDRAMEDCO) 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 267.2 as stoploss in an intra day sell trade for a target of 254.22. However, stock will show a bullish move above 267.2.

Share price targets for Indraprastha Medical (INDRAMEDCO)

Target Type Value
Downside Target 69.45
Downside Target 83.80
Downside Target 87.00
Downside Target 93.30
Downside Target 154.50
Downside Target 173.35
Downside Target 182.00
Downside Target 218.95
Downside Target 231.80
Downside Target 242.00
Downside Target 260.10
Upside Target 267.35
Upside Target 276.30
Upside Target 278.40
Upside Target 282.80

Intraday share price targets for Indraprastha Medical (INDRAMEDCO)

Target Type Value
Downside Intraday Target 237.9
Downside Intraday Target 211.55
Upside Intraday Target 284.5
Upside Intraday Target 304.75
Downside Intraday Target 258.15

Weekly technical analysis of Indraprastha Medical (INDRAMEDCO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 264.25 244.35 278.40 231.80 1.597 times
10 Fri May 2024 240.05 265.00 267.35 235.00 0.958 times
03 Fri May 2024 263.25 265.65 276.30 260.10 0.227 times
26 Fri Apr 2024 262.20 236.50 282.80 235.10 4.136 times
19 Fri Apr 2024 232.65 234.05 242.00 218.95 0.646 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indraprastha Medical (INDRAMEDCO)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 264.25 267.55 278.40 231.80 0.18 times
30 Tue Apr 2024 267.55 174.85 282.80 173.35 11.758 times
28 Thu Mar 2024 171.35 181.75 182.00 154.50 2.186 times
05 Mon Dec 2022 85.10 83.80 87.00 83.80 0.053 times

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 Indraprastha Medical (INDRAMEDCO)

Indicator Name Indicator Value Indicator Signal
ADX 36, 17, 36 Buy
MACD 28, 32Sell
Stochastics 46None
CCI 207Buy
RSI 63Buy
OBV 2569918Sell
VWAP 251Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Indraprastha Medical ( (INDRAMEDCO) ) 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 Indraprastha Medical ( (INDRAMEDCO) ) 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 Indraprastha Medical ( (INDRAMEDCO) ) based on a short to mid 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 Indraprastha Medical ( (INDRAMEDCO) ) 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 Indraprastha Medical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indraprastha Medical 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.

Indraprastha Medical 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indraprastha Medical in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Indraprastha Medical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 250.51 and Indraprastha Medical (INDRAMEDCO) 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 Indraprastha Medical (INDRAMEDCO) stock. Volume based technical analysis of Indraprastha Medical (INDRAMEDCO) stock is negative.

Indraprastha Medical 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.

Click here for Indraprastha Medical charts

Click here for further forecast and predictions for tomorrow

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