Price and trend forecast of MEDICAMEQ for Tomorrow, Weekly, Monthly
Medicamen Biotech Limited
Symbol: NSE:MEDICAMEQ
ISIN: INE646B01010
314.80
As on 2025-10-16
MEDICAMEQ's Today's Performance
Medicamen Biotech Limited started the day by opening at 321.45 today 2025-10-16. Its shares reached a high of 324.05 and dipped to a low of 309.40 in intraday. When the markets closed, MEDICAMEQ’s stock price settled at ₹314.80 per share. Also check out its key support and resistance levels.
MEDICAMEQ Buy/Sell Targets
Tomorrow, sell MEDICAMEQ when its price reaches ₹ 314.80 with a stop-loss order at ₹ 322.29. You can set the target price as ₹ 307.31 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of MEDICAMEQ for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for MEDICAMEQ
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 323 |
| Tomorrow Down Target 2 | 331 |
| Tomorrow Down Target 3 | 337 |
Important Levels for MEDICAMEQ
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 308 |
| Tomorrow Up Target 2 | 301 |
| Tomorrow Up Target 3 | 293 |
Based on where the stock opens tomorrow, if MEDICAMEQ opens on a positive note, our first target will be ₹323. If Target 1 is achieved, we will aim for Target 2 which is ₹331.
But if MEDICAMEQ falls below the average value of ₹316.08, you can enter a sell side position with target number 1 - ₹308 and second target - ₹301 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of MEDICAMEQ
Looking at MEDICAMEQ, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, MEDICAMEQ has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for MEDICAMEQ is strong bullish.
Tomorrow's Volume based share price Forecast for MEDICAMEQ
MEDICAMEQ's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 27%.
Reversal detection for MEDICAMEQ
MEDICAMEQ may trend may continue to be bearish since stock is making lower low and we can get target of ₹318 in morning tomorrow
| Target 1 tomorrow | 322 |
| Target 2 tomorrow | 325 |
| Target 3 tomorrow | 331 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with MEDICAMEQ's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if MEDICAMEQ opens on a positive note, our first target will be ₹322.77. If Target 1 is achieved, we will aim for Target 2 which is ₹330.73.
But if MEDICAMEQ falls below the average value of ₹316.08, you can enter a sell side position with target number 1 - ₹308.12 and second target - ₹301.43
MEDICAMEQ's Weekly Targets
| 1st Up Target | 326.15 |
| 2nd Up Target | 337.50 |
| 1st Down Target | 303.25 |
| 2nd Down Target | 291.70 |
As the week for MEDICAMEQ ended on bullish sentiments, we can expect further continuation of this sentiment. MEDICAMEQ's initial target will be 326.15 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 303.25 in the upcoming week.
Weekly OHLC Values
| Open | 305.30 |
| High | 325.95 |
| Low | 303.05 |
| Close | 314.80 |
Week for MEDICAMEQ started with an open price of 305.30, and the close was at 314.80. MEDICAMEQ reached the highest of 325.95 and dipped lowest up to 303.05 last week. This indicates a bullish sentiment for the week.
MEDICAMEQ full month swing targets
| Monthly Up Target 1 | 349.05 |
| Monthly Up Target 2 | 360.40 |
| Monthly Down Target 1 | 280.35 |
| Monthly Down Target 2 | 245.90 |
Targets of ₹349.05 can be expected to be reached in the coming month. Once MEDICAMEQ achieved this target, we can aim for the next upside target of ₹360.40.
MEDICAMEQ if fails to hold upside, down targets of ₹280.35 and ₹245.90 can be achieved by end of this month.
For complete three weeks if MEDICAMEQ is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as MEDICAMEQ
| Symbol | Name | Industry |
|---|---|---|
| SUNPHARMA | Sun Pharmaceutical Industries Limited | Drug Manufacturers - Specialty & Generic |
| CIPLA | Cipla Limited | Drug Manufacturers - General |
| DRREDDY | Dr. Reddy's Laboratories Limited | Drug Manufacturers - Specialty & Generic |
| ZYDUSLIFE | Zydus Lifesciences Limited | Drug Manufacturers - Specialty & Generic |
| APOLLOHOSP | Apollo Hospitals Enterprise Limited | Medical Care Facilities |
Summary
MEDICAMEQ is expected to reach the target of 322.77 in tomorrow's trading session.
After achieving the initial target in MEDICAMEQ, we will aim for higher targets of 330.73 tomorrow.
However, if MEDICAMEQ starts to trade below ₹316.08, then we will shift our focus to the sell side and aim for down targets of 308.12 and 301.43.