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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 2022-05-04 View latest technical analysis

10 day averaged volume of Biocon is 292025

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 366.85 368.55 376.95 364.60 2.429 times
02 Mon May 2022 372.65 361.75 377.30 361.75 1.72 times
29 Fri Apr 2022 368.45 379.70 381.60 367.20 0.383 times
28 Thu Apr 2022 376.50 384.00 384.60 375.55 0.279 times
27 Wed Apr 2022 382.30 377.45 383.80 372.20 0.228 times
26 Tue Apr 2022 379.85 382.90 387.80 376.80 2.021 times
25 Mon Apr 2022 380.70 372.70 383.30 370.85 1.021 times
22 Fri Apr 2022 375.65 374.00 384.90 368.55 2.421 times
21 Thu Apr 2022 373.95 353.00 375.00 350.00 1.338 times
20 Wed Apr 2022 352.60 340.00 353.80 337.50 0.466 times

Stock of Biocon (Biocon) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 374.7 or till 391.6. Use a stoploss of 360.62 and if this stock hits its stoploss, then it can fall down till 346.53

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 319.00
Downside Target 333.75
Downside Target 341.85
Upside Target 367.20
Upside Target 377.30
Upside Target 382.45
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 359.97
Downside Intraday Target 353.08
Upside Intraday Target 375.52
Upside Intraday Target 384.18
Upside Intraday Target 368.63

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 366.85 361.75 377.30 361.75 1.055 times
29 Fri Apr 2022 368.45 372.70 387.80 367.20 0.845 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

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
04 Wed May 2022 366.85 361.75 377.30 361.75 0.355 times
29 Fri Apr 2022 368.45 336.40 387.80 333.75 1.088 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

Scroll below to view daily charts

Price has moved down 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 20, 20, 2 Buy
MACD 10, 9Buy
Stochastics 65None
CCI -26Sell
RSI 52Buy
OBV 905786Sell
VWAP 373Sell
ADL 0Sell
ROC 9Buy
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 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.

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 and SELL 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

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

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Daily charts

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