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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 2022-07-28 View latest technical analysis

10 day averaged volume of Biocon is 142799

Date Daily Closing Price Open High Low Volume
28 Thu Jul 2022 306.70 319.10 319.10 305.25 1.611 times
27 Wed Jul 2022 322.80 320.00 324.25 316.95 0.285 times
26 Tue Jul 2022 317.75 324.40 324.50 316.40 0.252 times
25 Mon Jul 2022 322.45 326.00 327.55 320.60 0.591 times
22 Fri Jul 2022 327.55 328.55 334.50 325.35 1.469 times
21 Thu Jul 2022 331.35 326.55 333.80 324.90 0.594 times
20 Wed Jul 2022 326.05 330.85 330.85 324.85 0.312 times
19 Tue Jul 2022 328.80 332.15 341.50 327.80 0.626 times
18 Mon Jul 2022 332.15 331.10 335.00 329.15 3.859 times
14 Thu Jul 2022 331.75 328.75 335.55 327.80 0.827 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 304.7, for a target of 314.1 or 321.96

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 305.00
Upside Target 317.10
Upside Target 332.05
Upside Target 333.75
Upside Target 335.55
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 298.78
Downside Intraday Target 290.87
Upside Intraday Target 321.08
Upside Intraday Target 335.47
Upside Intraday Target 313.17

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
28 Thu Jul 2022 306.70 326.00 327.55 305.25 0.399 times
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

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
28 Thu Jul 2022 306.70 311.00 341.50 305.00 0.833 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 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 16, 27, 25 Sell
MACD -4, -2Sell
Stochastics 12Sell
CCI -182Sell
RSI 44Sell
OBV 742920Sell
VWAP 326Sell
ADL 0Sell
ROC -7Sell
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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 325.96 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.

Click here for Biocon charts

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Daily charts

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Daily chart

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