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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 318698

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 283.70 284.05 285.25 282.00 0.134 times
01 Thu Dec 2022 285.50 283.20 286.40 283.00 0.302 times
30 Wed Nov 2022 283.20 284.20 286.95 280.55 0.403 times
29 Tue Nov 2022 282.10 281.40 283.50 281.40 0.171 times
28 Mon Nov 2022 281.30 280.35 284.50 280.00 1.139 times
25 Fri Nov 2022 282.20 275.05 282.60 275.05 0.148 times
24 Thu Nov 2022 274.00 283.10 283.10 273.95 4.469 times
23 Wed Nov 2022 280.10 280.50 283.20 279.50 1.589 times
22 Tue Nov 2022 281.95 283.40 284.60 280.10 1.192 times
21 Mon Nov 2022 285.20 293.30 293.30 283.00 0.281 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 285.6 as stoploss in an intra day sell trade for a target of 281.74. However, stock will show a bullish move above 285.6.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 260.80
Downside Target 272.20
Upside Target 286.40
Upside Target 286.95
Upside Target 289.60
Upside Target 293.30
Upside Target 298.70
Upside Target 299.00
Upside Target 309.00
Upside Target 320.00

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 280.15
Downside Intraday Target 276.6
Upside Intraday Target 287.1
Upside Intraday Target 290.5
Downside Intraday Target 283.55

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 283.70 280.35 286.95 280.00 0.28 times
25 Fri Nov 2022 282.20 293.30 293.30 273.95 4.362 times
18 Fri Nov 2022 287.35 280.05 289.60 277.75 1.805 times
11 Fri Nov 2022 280.95 274.50 284.45 272.20 0.063 times
04 Fri Nov 2022 274.10 272.15 281.80 265.10 7.043 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
02 Fri Dec 2022 283.70 283.20 286.40 282.00 0.019 times
30 Wed Nov 2022 283.20 269.35 293.30 265.10 1.775 times
31 Mon Oct 2022 269.30 288.60 299.00 260.80 1.589 times
30 Fri Sep 2022 290.85 303.00 309.00 273.65 0.979 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 18, 14, 14 Buy
MACD 0, -0Buy
Stochastics 53None
CCI 43Sell
RSI 48Sell
OBV -680648Sell
VWAP 278Buy
ADL 0Sell
ROC -1Sell
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 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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 278.24 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 has given negative 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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Daily chart

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