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(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 2021-11-18 View latest technical analysis

10 day averaged volume of Biocon is 692911

Date Daily Closing Price Open High Low Volume
18 Thu Nov 2021 366.80 376.90 378.00 364.00 0.397 times
17 Wed Nov 2021 376.90 370.30 377.45 368.15 2.744 times
16 Tue Nov 2021 369.40 363.95 370.50 360.00 0.558 times
15 Mon Nov 2021 361.70 346.80 362.50 346.65 1.349 times
12 Fri Nov 2021 346.80 349.95 349.95 345.05 0.114 times
11 Thu Nov 2021 346.55 346.15 348.45 342.75 0.084 times
10 Wed Nov 2021 347.85 348.90 351.05 346.40 0.162 times
09 Tue Nov 2021 347.05 346.55 352.40 346.00 0.068 times
08 Mon Nov 2021 348.30 348.75 350.15 343.90 4.8 times
04 Thu Nov 2021 348.75 350.00 352.15 347.75 0.017 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 361, but if it comes below 361, then a intra day sell could be more profitable.
If you take a sell trade below 361, then use 361 as stoploss and 347.57 as target. However if you take a buy trade in stock , then use 361 as stoploss and 377 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 314.90
Downside Target 322.50
Downside Target 342.75
Downside Target 353.80
Upside Target 370.40
Upside Target 376.95
Upside Target 378.00
Upside Target 392.35
Upside Target 398.60
Upside Target 414.30

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 349.63
Downside Intraday Target 332.47
Upside Intraday Target 380.98
Upside Intraday Target 395.17
Downside Intraday Target 363.82

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
18 Thu Nov 2021 366.80 346.80 378.00 346.65 0.965 times
12 Fri Nov 2021 346.80 348.75 352.40 342.75 15.328 times
04 Thu Nov 2021 348.75 350.00 353.80 343.30 0.247 times
29 Fri Oct 2021 350.75 323.95 352.45 314.90 0.643 times
22 Fri Oct 2021 323.95 347.80 349.50 322.50 1.239 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Biocon (Biocon)

Date Monthly Closing Price Open High Low Volume
18 Thu Nov 2021 366.80 350.00 378.00 342.75 1.827 times
29 Fri Oct 2021 350.75 363.80 370.40 314.90 1.315 times
30 Thu Sep 2021 362.85 359.00 398.60 350.00 1.427 times
31 Tue Aug 2021 358.60 386.55 392.35 327.75 0.665 times

Scroll below to view daily charts

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

Indicators analysis of Biocon (Biocon)

Indicator Name Indicator Value Indicator Signal
ADX 35, 17, 34 Buy
MACD 5, -0Buy
Stochastics 88Buy
CCI 104Sell
RSI 52Buy
OBV -779166Sell
VWAP 359Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Biocon ( (Biocon) ) 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 Biocon ( (Biocon) ) 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 Biocon ( (Biocon) ) based on a short to mid 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 Biocon ( (Biocon) ) 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 Biocon stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Biocon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 359.49 and Biocon (Biocon) 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 Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.

Biocon 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.

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Daily charts

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