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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)

10 day averaged volume of Biocon is 93634

Date Daily Closing Price Open High Low Volume
04 Tue Oct 2022 298.45 292.70 299.00 292.70 1.242 times
03 Mon Oct 2022 291.95 288.60 296.15 288.60 0.657 times
30 Fri Sep 2022 290.85 285.05 292.40 285.05 1.245 times
29 Thu Sep 2022 286.90 286.00 288.65 284.30 0.742 times
28 Wed Sep 2022 284.05 278.05 287.00 277.10 1.107 times
27 Tue Sep 2022 280.15 277.00 281.10 273.65 0.693 times
26 Mon Sep 2022 276.00 284.85 284.85 275.40 1.374 times
23 Fri Sep 2022 284.10 288.35 292.60 283.05 1.317 times
22 Thu Sep 2022 289.50 289.40 290.60 285.55 0.758 times
21 Wed Sep 2022 289.40 296.30 298.40 289.00 0.792 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 301.6 as stoploss in an intra day sell trade for a target of 293.34. However, stock will show a bullish move above 301.6.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 273.65
Downside Target 283.05
Upside Target 298.70
Upside Target 304.70
Upside Target 305.00
Upside Target 307.00
Upside Target 309.00
Upside Target 320.00
Upside Target 341.50
Upside Target 344.00

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 291.7
Downside Intraday Target 284.95
Upside Intraday Target 302.1
Upside Intraday Target 305.75
Downside Intraday Target 295.35

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
04 Tue Oct 2022 298.45 288.60 299.00 288.60 0.368 times
30 Fri Sep 2022 290.85 284.85 292.40 273.65 0.599 times
23 Fri Sep 2022 284.10 291.40 301.00 283.05 1.51 times
16 Fri Sep 2022 291.10 301.60 309.00 290.20 1.005 times
09 Fri Sep 2022 302.20 294.50 304.70 290.25 1.118 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
04 Tue Oct 2022 298.45 288.60 299.00 288.60 0.067 times
30 Fri Sep 2022 290.85 303.00 309.00 273.65 0.979 times
30 Tue Aug 2022 309.65 312.00 320.00 298.70 1.016 times
29 Fri Jul 2022 307.05 311.00 341.50 305.00 0.884 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)

Indicator Name Indicator Value Indicator Signal
ADX 27, 20, 16 Buy
MACD -9, -11Buy
Stochastics 76Buy
CCI 137Buy
RSI 43Sell
OBV 147182Sell
VWAP 287Buy
ADL 0Sell
ROC 0Buy
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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.

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 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 and BUY signal is strong.

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 286.9 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.

Click here for Biocon charts

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Daily charts

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Daily chart

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