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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 2022-07-22 View latest technical analysis

10 day averaged volume of Biocon is 131105

Date Daily Closing Price Open High Low Volume
22 Fri Jul 2022 327.55 328.55 334.50 325.35 1.6 times
21 Thu Jul 2022 331.35 326.55 333.80 324.90 0.647 times
20 Wed Jul 2022 326.05 330.85 330.85 324.85 0.34 times
19 Tue Jul 2022 328.80 332.15 341.50 327.80 0.682 times
18 Mon Jul 2022 332.15 331.10 335.00 329.15 4.203 times
14 Thu Jul 2022 331.75 328.75 335.55 327.80 0.901 times
13 Wed Jul 2022 329.25 325.25 331.30 323.85 1.29 times
12 Tue Jul 2022 324.35 329.80 331.80 323.90 0.314 times
11 Mon Jul 2022 328.65 320.00 329.75 320.00 1.064 times
08 Fri Jul 2022 322.65 320.00 324.55 319.60 0.316 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 329.8 as stoploss in an intra day sell trade for a target of 322.14. However, stock will show a bullish move above 329.8.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 305.00
Downside Target 317.10
Upside Target 332.05
Upside Target 335.55
Upside Target 339.85
Upside Target 341.50
Upside Target 344.00
Upside Target 353.40
Upside Target 377.30
Upside Target 387.80

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 321.1
Downside Intraday Target 314.65
Upside Intraday Target 337.75
Upside Intraday Target 347.95
Upside Intraday Target 331.3

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
22 Fri Jul 2022 327.55 331.10 341.50 324.85 2.094 times
14 Thu Jul 2022 331.75 320.00 335.55 320.00 0.968 times
08 Fri Jul 2022 322.65 312.00 324.55 309.00 1.051 times
01 Fri Jul 2022 311.65 327.10 332.05 305.00 1.272 times
24 Fri Jun 2022 326.90 316.30 339.85 309.30 0.807 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
22 Fri Jul 2022 327.55 311.00 341.50 305.00 0.703 times
30 Thu Jun 2022 307.95 336.90 344.00 307.00 1.137 times
31 Tue May 2022 334.20 361.75 377.30 317.10 0.773 times
29 Fri Apr 2022 368.45 336.40 387.80 333.75 1.088 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 26, 11, 43 Buy
MACD 1, -1Buy
Stochastics 45None
CCI 14Sell
RSI 49Sell
OBV 1111765Sell
VWAP 330Sell
ADL 0Sell
ROC 2Buy
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 329.9 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 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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Daily charts

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