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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 2022-04-25 View latest technical analysis

10 day averaged volume of Biocon is 194727

Date Daily Closing Price Open High Low Volume
25 Mon Apr 2022 380.70 372.70 383.30 370.85 1.532 times
22 Fri Apr 2022 375.65 374.00 384.90 368.55 3.631 times
21 Thu Apr 2022 373.95 353.00 375.00 350.00 2.006 times
20 Wed Apr 2022 352.60 340.00 353.80 337.50 0.698 times
19 Tue Apr 2022 337.20 345.90 348.35 333.75 0.187 times
18 Mon Apr 2022 342.85 350.00 350.65 338.55 0.452 times
13 Wed Apr 2022 350.75 349.95 354.55 348.60 0.15 times
12 Tue Apr 2022 349.05 347.90 352.75 342.30 0.662 times
11 Mon Apr 2022 351.75 357.00 361.60 350.05 0.587 times
08 Fri Apr 2022 355.15 355.00 357.40 353.15 0.25 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 377.4, for a target of 363.1 or 351.1

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 319.00
Downside Target 331.80
Downside Target 341.85
Downside Target 361.60
Downside Target 370.85
Upside Target 382.45
Upside Target 383.30
Upside Target 384.90
Upside Target 387.80
Upside Target 410.50

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 373.27
Downside Intraday Target 365.83
Upside Intraday Target 385.72
Upside Intraday Target 390.73
Downside Intraday Target 378.28

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
25 Mon Apr 2022 380.70 372.70 383.30 370.85 0.22 times
22 Fri Apr 2022 375.65 350.00 384.90 333.75 4.987 times
13 Wed Apr 2022 350.75 357.00 361.60 342.30 0.481 times
08 Fri Apr 2022 355.15 341.95 357.40 341.85 1.27 times
01 Fri Apr 2022 341.95 352.55 352.55 331.80 0.847 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
25 Mon Apr 2022 380.70 336.40 384.90 333.75 0.817 times
31 Thu Mar 2022 334.55 352.30 353.40 319.00 1.02 times
28 Mon Feb 2022 348.95 367.70 410.50 347.10 0.957 times
31 Mon Jan 2022 367.40 363.10 382.45 347.10 1.178 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 34, 15, 39 Buy
MACD 7, 1Buy
Stochastics 90Buy
CCI 141Buy
RSI 54Buy
OBV 1708779Sell
VWAP 368Buy
ADL 0Sell
ROC 8Buy
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 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 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 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 368.34 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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

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Daily charts

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Daily chart

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