INDOCO trade ideas

Iyan_V Updated 

Indoco Remedies Ltd. engages in manufacturing and marketing of Formulations (Finished Dosage Forms) and active pharmaceutical ingredients. It operates through the Pharmaceutical Products segment. Indoco Remedies Ltd has potential for long 50% move as seen with re-testing triangle pattern too. (For education purpose only)

Adarsh556 Updated 

Structure is good for entry but their are more levels pending that are unmitigated to price might trap and test those level too.

Munish_Jain

📊 DETAILS Sector: Pharmaceuticals & Drugs Mkt Cap: 3,746 cr Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. The Company is engaged in the manufacturing and marketing of pharmaceutical Formulations (Finished Dosage Forms) and Active Pharmaceutical...

Marketik

-Ready to breakout 2 year old resistance -rise in volume and strong closing -rsi breakout and rising from lower levels -strong support from 50 EMA -Adx rising macd crossover -multiple confirmation keep in radar above 410 it can give good return

liquid29water

Broke the resistance and retested the support, good to enter we may expect a decent return in short term.

khulvenaveen

Indoco Remedies is looking good on weekly time frame. Stock is consolidating and forming rounding bottom pattern. Keep on radar for breakout.

khulvenaveen

Indoco Remedies is trading in a range from almost 2 years. Can be a good investment opportunity after breakout. Keep on radar. Pharma sector is also doing well.

khulvenaveen

Indoco Remedies is attempting inside bar breakout on daily time frame. Keep on radar.

Momentuminvesting5540

Indoco Remedies Ltd |A Sector Rotation (Pharmaceutical) Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. Market Cap = ₹ 3,758 Cr. Dividend Yield=0.55 % ROCE=17.4 % ROE =14.8 % Debt to equity = 0.46 ...

khulvenaveen

Indoco Remedies is looking good on weekly time frame. Stock is trading near breakout levels with good accumulation. Keep on radar.

ajaykalashi

reviewing NSE:INDOCO chart posted on 11th Aug 2023 when the price was 345 thereafter it made high of 404.70 and now trading at 394 giving excellent 14% gains till now more gains to come in coming months This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are...

Swing_Analyst_

INDOCO REMEDIES looking good in weekly we can expect good up move in upcoming days

Gethalal_Jada

Traingle breakout after a consolidation period. Targets upto 30% and Risk Reward 1:5

khulvenaveen

Indoco Remedies is looking good on weekly time frame. Stock is consolidating and forming rounding bottom pattern. Keep on radar.

krishna1297

stock can be a possible trendline breakout candidate. keep on radar.

jainshashank1971

Price weekly above 20-50-100-200 Low volume consolidation since long Breakout Go long

maheshagarwal9144

Indoco remedies ltd Position at 330 TG 355 SL317 Note: onyl for learning purpose, trade at your own risk.

jatin_agarwal

NSE:INDOCO is forming a triangle and current levels are good for bottom fishing. Keep a stop loss at 310 and one can go long here, alternatively one can wait for a confirmation of breakout of the triangle.