(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)
10 day averaged volume of Biocon is 321345
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 289.55 | 284.00 | 294.90 | 281.50 | 4.903 times |
| 23 Tue Apr 2024 | 280.35 | 275.30 | 281.10 | 271.60 | 0.801 times |
| 22 Mon Apr 2024 | 271.00 | 263.85 | 272.55 | 262.30 | 1.166 times |
| 19 Fri Apr 2024 | 261.70 | 262.85 | 265.50 | 260.00 | 1.079 times |
| 18 Thu Apr 2024 | 267.30 | 272.25 | 275.45 | 265.90 | 0.886 times |
| 16 Tue Apr 2024 | 263.10 | 265.00 | 269.00 | 262.00 | 0.689 times |
| 15 Mon Apr 2024 | 265.45 | 265.60 | 270.35 | 262.20 | 1.135 times |
| 12 Fri Apr 2024 | 274.05 | 279.90 | 282.95 | 273.15 | 1.192 times |
| 10 Wed Apr 2024 | 278.50 | 272.50 | 283.25 | 271.95 | 1.804 times |
| 09 Tue Apr 2024 | 271.45 | 275.05 | 276.80 | 269.50 | 0.725 times |
Stock of Biocon (Biocon) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 287.5, for a target of 277.4 or 269.03
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 236.80 |
| Downside Target | 244.40 |
| Downside Target | 249.50 |
| Downside Target | 257.65 |
| Downside Target | 274.80 |
| Downside Target | 275.45 |
| Downside Target | 283.25 |
| Downside Target | 287.25 |
| Upside Target | 294.65 |
| Upside Target | 294.90 |
| Upside Target | 307.00 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 269.6 |
| Downside Intraday Target | 249.65 |
| Upside Intraday Target | 302.2 |
| Upside Intraday Target | 314.85 |
| Downside Intraday Target | 282.25 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 289.55 | 263.85 | 294.90 | 262.30 | 1.813 times |
| 19 Fri Apr 2024 | 261.70 | 265.60 | 275.45 | 260.00 | 0.893 times |
| 12 Fri Apr 2024 | 274.05 | 272.80 | 283.25 | 267.75 | 1.28 times |
| 05 Fri Apr 2024 | 270.70 | 267.10 | 274.80 | 266.00 | 0.541 times |
| 28 Thu Mar 2024 | 264.10 | 252.45 | 266.70 | 251.50 | 1.875 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 Biocon (Biocon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 289.55 | 267.10 | 294.90 | 260.00 | 0.927 times |
| 28 Thu Mar 2024 | 264.10 | 276.45 | 287.25 | 244.40 | 0.417 times |
| 29 Thu Feb 2024 | 276.50 | 268.50 | 307.00 | 261.00 | 1.701 times |
| 31 Wed Jan 2024 | 268.50 | 250.00 | 294.65 | 249.50 | 1.778 times |
Scroll below to view daily charts
Price has moved up 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)
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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon 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 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 277.32 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.
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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon 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 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 277.32 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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