Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-11-23 View latest technical analysis

10 day averaged volume of Biocon is 723817

Date Daily Closing Price Open High Low Volume
23 Tue Nov 2021 365.75 357.70 372.95 351.35 0.547 times
22 Mon Nov 2021 357.75 367.00 367.00 356.30 0.163 times
18 Thu Nov 2021 366.80 376.90 378.00 364.00 0.38 times
17 Wed Nov 2021 376.90 370.30 377.45 368.15 2.627 times
16 Tue Nov 2021 369.40 363.95 370.50 360.00 0.534 times
15 Mon Nov 2021 361.70 346.80 362.50 346.65 1.291 times
12 Fri Nov 2021 346.80 349.95 349.95 345.05 0.109 times
11 Thu Nov 2021 346.55 346.15 348.45 342.75 0.08 times
10 Wed Nov 2021 347.85 348.90 351.05 346.40 0.155 times
09 Tue Nov 2021 347.05 346.55 352.40 346.00 0.065 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 363.1, but if it comes below 363.1, then a intra day sell could be more profitable.
If you take a sell trade below 363.1, then use 363.1 as stoploss and 350.29 as target. However if you take a buy trade in stock , then use 363.1 as stoploss and 378.6 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 314.90
Downside Target 327.75
Downside Target 342.75
Upside Target 370.40
Upside Target 372.95
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 353.75
Downside Intraday Target 341.75
Upside Intraday Target 375.35
Upside Intraday Target 384.95
Downside Intraday Target 363.35

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
23 Tue Nov 2021 365.75 367.00 372.95 351.35 0.147 times
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

Price has moved down 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
23 Tue Nov 2021 365.75 350.00 378.00 342.75 1.954 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 30, 18, 24 Buy
MACD 5, 2Buy
Stochastics 59None
CCI 40Buy
RSI 51Buy
OBV -193853Sell
VWAP 369Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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

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 368.69 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Biocon charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme