(Biocon) Biocon complete technical analysis [charts+indicators] | Buy/Sell Biocon | (Biocon) share price targets
Complete technical analysis of Biocon (Biocon) by charts plus indicators, forecast predictions and share price targets for Biocon (Biocon)
Showing technical analysis as on 2021-08-27 View latest technical analysis
10 day averaged volume of Biocon is 123201
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Fri Aug 2021||346.80||339.00||347.80||339.00||0.523 times|
|26 Thu Aug 2021||340.90||347.15||349.25||340.05||0.721 times|
|25 Wed Aug 2021||347.15||349.35||349.50||343.80||0.717 times|
|24 Tue Aug 2021||349.60||335.15||351.70||332.45||1.405 times|
|23 Mon Aug 2021||333.05||360.00||362.25||327.75||3.297 times|
|20 Fri Aug 2021||357.55||370.05||370.55||353.95||1.069 times|
|18 Wed Aug 2021||370.05||369.90||373.65||368.00||0.757 times|
|17 Tue Aug 2021||366.70||367.15||371.20||362.60||0.936 times|
|16 Mon Aug 2021||367.15||371.35||373.00||366.25||0.394 times|
|13 Fri Aug 2021||371.35||375.00||376.95||369.55||0.428 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 351.9, but if it comes above 351.9, then a intra day buy could be more profitable.
If you take a sell trade below 351.9, then use 351.9 as stoploss and 331.5 as target. However if you take a buy trade in stock , then use 351.9 as stoploss and 368.91 as target.
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||328.95|
|Downside Intraday Target||311.1|
|Upside Intraday Target||363.45|
|Upside Intraday Target||380.1|
|Downside Intraday Target||345.6|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Fri Aug 2021||346.80||360.00||362.25||327.75||2.112 times|
|20 Fri Aug 2021||357.55||371.35||373.65||353.95||1.006 times|
|13 Fri Aug 2021||371.35||383.75||385.05||366.20||0.997 times|
|06 Fri Aug 2021||383.65||386.55||392.35||381.90||0.515 times|
|30 Fri Jul 2021||386.55||398.00||403.60||376.95||0.911 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Biocon (Biocon)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|27 Fri Aug 2021||346.80||386.55||392.35||327.75||0.615 times|
|30 Fri Jul 2021||386.55||404.50||414.30||376.95||0.912 times|
|30 Wed Jun 2021||404.40||389.20||420.25||382.85||1.364 times|
|31 Mon May 2021||387.60||382.50||393.70||370.15||0.641 times|
Scroll below to view daily charts
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 Biocon (Biocon)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||6, 38, 75||Sell|
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a short 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 Biocon ( (Biocon) ) 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 Biocon ( (Biocon) ) based on a mid to longer 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.
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
Biocon 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 Biocon in short term but BUY signal is weak.
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 Biocon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 348.83 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.