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 2022-08-12 View latest technical analysis

10 day averaged volume of Biocon is 139778

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 311.30 314.00 315.75 310.40 0.538 times
11 Thu Aug 2022 315.75 313.45 316.20 313.45 0.195 times
10 Wed Aug 2022 313.20 313.60 316.65 312.45 0.234 times
08 Mon Aug 2022 313.60 313.00 315.35 311.30 0.229 times
05 Fri Aug 2022 313.00 315.00 316.15 311.80 0.444 times
04 Thu Aug 2022 313.85 310.95 314.80 308.25 0.989 times
03 Wed Aug 2022 308.45 311.10 311.70 306.10 0.685 times
02 Tue Aug 2022 311.10 309.40 312.05 307.60 0.5 times
01 Mon Aug 2022 309.15 312.00 312.00 307.10 3.988 times
29 Fri Jul 2022 307.05 310.00 310.00 305.30 1.089 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 309.6 as stoploss in an intra day buy trade for a target of 318.19. However, stock will show a bearish move below 309.6.

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 308.92
Downside Intraday Target 306.53
Upside Intraday Target 315.17
Upside Intraday Target 319.03
Upside Intraday Target 312.78

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 311.30 313.00 316.65 310.40 0.181 times
05 Fri Aug 2022 313.00 312.00 316.15 306.10 1.699 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

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
12 Fri Aug 2022 311.30 312.00 316.65 306.10 0.411 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 16, 21, 13 Sell
MACD -6, -6Buy
Stochastics 57None
CCI 24Sell
RSI 43Sell
OBV 981080Sell
VWAP 310Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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 gaining momentum.

MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.

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 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 but SELL 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 310.16 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.

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