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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 2021-11-24 View latest technical analysis

10 day averaged volume of Biocon is 430836

Date Daily Closing Price Open High Low Volume
24 Wed Nov 2021 360.00 369.10 369.10 359.00 0.159 times
23 Tue Nov 2021 365.75 357.70 372.95 351.35 0.919 times
22 Mon Nov 2021 357.75 367.00 367.00 356.30 0.274 times
18 Thu Nov 2021 366.80 376.90 378.00 364.00 0.638 times
17 Wed Nov 2021 376.90 370.30 377.45 368.15 4.413 times
16 Tue Nov 2021 369.40 363.95 370.50 360.00 0.898 times
15 Mon Nov 2021 361.70 346.80 362.50 346.65 2.169 times
12 Fri Nov 2021 346.80 349.95 349.95 345.05 0.184 times
11 Thu Nov 2021 346.55 346.15 348.45 342.75 0.135 times
10 Wed Nov 2021 347.85 348.90 351.05 346.40 0.261 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 363.4 as stoploss in an intra day sell trade for a target of 352.23. However, stock will show a bullish move above 363.4.

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 349.92
Downside Intraday Target 339.83
Upside Intraday Target 371.52
Upside Intraday Target 383.03
Upside Intraday Target 361.43

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
24 Wed Nov 2021 360.00 367.00 372.95 351.35 0.167 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
24 Wed Nov 2021 360.00 350.00 378.00 342.75 1.971 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 27, 17, 24 Buy
MACD 5, 3Buy
Stochastics 52None
CCI 27Sell
RSI 51Buy
OBV 266710Sell
VWAP 369Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 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

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 368.79 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.

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Daily charts

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