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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 303358

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 282.20 275.05 282.60 275.05 0.156 times
24 Thu Nov 2022 274.00 283.10 283.10 273.95 4.695 times
23 Wed Nov 2022 280.10 280.50 283.20 279.50 1.669 times
22 Tue Nov 2022 281.95 283.40 284.60 280.10 1.252 times
21 Mon Nov 2022 285.20 293.30 293.30 283.00 0.295 times
18 Fri Nov 2022 287.35 286.15 289.60 283.05 0.322 times
17 Thu Nov 2022 285.85 284.20 286.35 282.20 0.246 times
16 Wed Nov 2022 284.45 285.45 287.50 280.50 0.361 times
15 Tue Nov 2022 283.90 285.95 285.95 277.75 0.662 times
14 Mon Nov 2022 286.40 280.05 287.75 278.80 0.258 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 284.8 as stoploss in an intra day sell trade for a target of 278.97. However, stock will show a bullish move above 284.8.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 260.80
Upside Target 289.60
Upside Target 293.30
Upside Target 298.70
Upside Target 299.00
Upside Target 305.00
Upside Target 309.00
Upside Target 320.00
Upside Target 341.50

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 273
Downside Intraday Target 263.8
Upside Intraday Target 292.35
Upside Intraday Target 302.5
Upside Intraday Target 283.15

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
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
28 Fri Oct 2022 272.65 271.60 277.10 267.25 1.976 times

Price has moved down 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
25 Fri Nov 2022 282.20 269.35 293.30 265.10 1.645 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
30 Tue Aug 2022 309.65 312.00 320.00 298.70 1.016 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 16, 17, 3 Sell
MACD -1, -1Buy
Stochastics 27Sell
CCI -82Buy
RSI 49Sell
OBV -24012Sell
VWAP 279Buy
ADL 0Sell
ROC 0Buy
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 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 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 SELL. 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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 278.58 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 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

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Daily charts

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Daily chart

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