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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 2022-09-26 View latest technical analysis

10 day averaged volume of Biocon is 134036

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 276.00 284.85 284.85 275.40 0.96 times
23 Fri Sep 2022 284.10 288.35 292.60 283.05 0.92 times
22 Thu Sep 2022 289.50 289.40 290.60 285.55 0.529 times
21 Wed Sep 2022 289.40 296.30 298.40 289.00 0.554 times
20 Tue Sep 2022 298.30 290.10 301.00 290.10 0.919 times
19 Mon Sep 2022 290.05 291.40 293.05 286.10 3.094 times
16 Fri Sep 2022 291.10 299.00 303.50 290.20 0.474 times
15 Thu Sep 2022 299.40 303.05 306.85 297.10 0.787 times
14 Wed Sep 2022 305.40 301.00 309.00 300.30 0.871 times
13 Tue Sep 2022 303.20 303.45 305.00 302.50 0.442 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 278.8, for a target of 288.5 or 296.5

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 275.40
Upside Target 283.05
Upside Target 307.00
Upside Target 309.00
Upside Target 310.30
Upside Target 317.10
Upside Target 320.00
Upside Target 341.50
Upside Target 344.00
Upside Target 377.30

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 272.65
Downside Intraday Target 269.3
Upside Intraday Target 282.1
Upside Intraday Target 288.2
Upside Intraday Target 278.75

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 276.00 284.85 284.85 275.40 0.16 times
23 Fri Sep 2022 284.10 291.40 301.00 283.05 1.51 times
16 Fri Sep 2022 291.10 301.60 309.00 290.20 1.005 times
09 Fri Sep 2022 302.20 294.50 304.70 290.25 1.118 times
02 Fri Sep 2022 295.60 305.95 310.30 294.00 0.442 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
26 Mon Sep 2022 276.00 303.00 309.00 275.40 0.847 times
30 Tue Aug 2022 309.65 312.00 320.00 298.70 1.016 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

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 15, 33, 37 Sell
MACD -13, -10Sell
Stochastics 8Sell
CCI -153Sell
RSI 42Sell
OBV -685894Sell
VWAP 292Sell
ADL 0Sell
ROC -9Sell
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 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 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 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 291.62 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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