(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 2022-05-11 View latest technical analysis
10 day averaged volume of Biocon is 229391
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 334.15 | 335.00 | 336.05 | 327.15 | 0.304 times |
| 10 Tue May 2022 | 330.80 | 338.80 | 343.00 | 328.20 | 0.361 times |
| 09 Mon May 2022 | 338.80 | 347.00 | 349.60 | 337.10 | 0.253 times |
| 06 Fri May 2022 | 348.10 | 360.85 | 360.85 | 347.40 | 0.258 times |
| 05 Thu May 2022 | 361.80 | 373.00 | 373.00 | 360.60 | 0.143 times |
| 04 Wed May 2022 | 366.85 | 368.55 | 376.95 | 364.60 | 3.092 times |
| 02 Mon May 2022 | 372.65 | 361.75 | 377.30 | 361.75 | 2.189 times |
| 29 Fri Apr 2022 | 368.45 | 379.70 | 381.60 | 367.20 | 0.487 times |
| 28 Thu Apr 2022 | 376.50 | 384.00 | 384.60 | 375.55 | 0.355 times |
| 27 Wed Apr 2022 | 382.30 | 377.45 | 383.80 | 372.20 | 0.29 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 342.1, but if it comes above 342.1, then a intra day buy could be more profitable.
If you take a sell trade below 342.1, then use 342.1 as stoploss and 322.1 as target. However if you take a buy trade in stock , then use 342.1 as stoploss and 358.74 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 319.00 |
| Downside Target | 327.15 |
| Downside Target | 333.75 |
| Upside Target | 342.30 |
| Upside Target | 361.60 |
| 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 | 324.33 |
| Downside Intraday Target | 314.52 |
| Upside Intraday Target | 346.78 |
| Upside Intraday Target | 359.42 |
| Upside Intraday Target | 336.97 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 334.15 | 347.00 | 349.60 | 327.15 | 0.161 times |
| 06 Fri May 2022 | 348.10 | 361.75 | 377.30 | 347.40 | 1.135 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 |
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 |
| 11 Wed May 2022 | 334.15 | 361.75 | 377.30 | 327.15 | 0.443 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 | 12, 36, 50 | Sell |
| MACD | -5, 2 | Sell |
| Stochastics | 7 | Sell |
| CCI | -116 | Sell |
| RSI | 45 | Sell |
| OBV | 155222 | Sell |
| VWAP | 365 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal for Biocon in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 365.01 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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