Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-08-04 View latest technical analysis

10 day averaged volume of Biocon is 156115

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 313.85 310.95 314.80 308.25 0.886 times
03 Wed Aug 2022 308.45 311.10 311.70 306.10 0.614 times
02 Tue Aug 2022 311.10 309.40 312.05 307.60 0.448 times
01 Mon Aug 2022 309.15 312.00 312.00 307.10 3.571 times
29 Fri Jul 2022 307.05 310.00 310.00 305.30 0.975 times
28 Thu Jul 2022 306.70 319.10 319.10 305.25 1.474 times
27 Wed Jul 2022 322.80 320.00 324.25 316.95 0.261 times
26 Tue Jul 2022 317.75 324.40 324.50 316.40 0.231 times
25 Mon Jul 2022 322.45 326.00 327.55 320.60 0.54 times
22 Fri Jul 2022 327.55 328.55 334.50 325.35 1.344 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 312.6 as stoploss in an intra day buy trade for a target of 321.17. However, stock will show a bearish move below 312.6.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 305.00
Upside Target 324.85
Upside Target 327.55
Upside Target 333.75
Upside Target 335.55
Upside Target 341.50
Upside Target 344.00
Upside Target 377.30
Upside Target 387.80

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 308.37
Downside Intraday Target 302.88
Upside Intraday Target 317.07
Upside Intraday Target 320.28
Downside Intraday Target 311.58

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 313.85 312.00 314.80 306.10 1.585 times
29 Fri Jul 2022 307.05 326.00 327.55 305.25 0.555 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

Price has moved up 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
04 Thu Aug 2022 313.85 312.00 314.80 306.10 0.325 times
29 Fri Jul 2022 307.05 311.00 341.50 305.00 0.884 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

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 18, 21, 9 Sell
MACD -7, -6Sell
Stochastics 20Sell
CCI -30Buy
RSI 41Sell
OBV 1362474Sell
VWAP 313Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Biocon in short term and the sell 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 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Biocon in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 312.67 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme