(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)
10 day averaged volume of Biocon is 797699
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 301.80 | 307.00 | 309.00 | 299.30 | 0.644 times |
| 03 Fri May 2024 | 305.20 | 314.40 | 314.65 | 299.50 | 1.006 times |
| 02 Thu May 2024 | 311.05 | 300.00 | 313.00 | 296.40 | 1.304 times |
| 30 Tue Apr 2024 | 298.60 | 307.30 | 307.30 | 297.25 | 0.307 times |
| 29 Mon Apr 2024 | 306.00 | 310.75 | 314.60 | 301.00 | 1.154 times |
| 26 Fri Apr 2024 | 307.00 | 292.00 | 313.35 | 292.00 | 2.728 times |
| 25 Thu Apr 2024 | 291.70 | 292.00 | 293.50 | 288.00 | 0.299 times |
| 24 Wed Apr 2024 | 289.55 | 284.00 | 294.90 | 281.50 | 1.975 times |
| 23 Tue Apr 2024 | 280.35 | 275.30 | 281.10 | 271.60 | 0.323 times |
| 22 Mon Apr 2024 | 271.00 | 263.85 | 272.55 | 262.30 | 0.47 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 299.2, but if it comes below 299.2, then a intra day sell could be more profitable.
If you take a sell trade below 299.2, then use 299.2 as stoploss and 282.93 as target. However if you take a buy trade in stock , then use 299.2 as stoploss and 318.7 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 244.40 |
| Downside Target | 249.50 |
| Downside Target | 260.00 |
| Downside Target | 267.75 |
| Downside Target | 275.45 |
| Downside Target | 283.25 |
| Downside Target | 294.65 |
| Upside Target | 307.00 |
| Upside Target | 309.00 |
| Upside Target | 313.35 |
| Upside Target | 314.60 |
| Upside Target | 314.65 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 297.73 |
| Downside Intraday Target | 293.67 |
| Upside Intraday Target | 307.43 |
| Upside Intraday Target | 313.07 |
| Upside Intraday Target | 303.37 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 301.80 | 307.00 | 309.00 | 299.30 | 0.171 times |
| 03 Fri May 2024 | 305.20 | 310.75 | 314.65 | 296.40 | 0.651 times |
| 26 Fri Apr 2024 | 307.00 | 263.85 | 313.35 | 262.30 | 3.796 times |
| 19 Fri Apr 2024 | 261.70 | 265.60 | 275.45 | 260.00 | 0.893 times |
| 12 Fri Apr 2024 | 274.05 | 272.80 | 283.25 | 267.75 | 1.28 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 |
| 06 Mon May 2024 | 301.80 | 300.00 | 314.65 | 296.40 | 0.25 times |
| 30 Tue Apr 2024 | 298.60 | 267.10 | 314.60 | 260.00 | 1.494 times |
| 28 Thu Mar 2024 | 264.10 | 276.45 | 287.25 | 244.40 | 0.417 times |
| 29 Thu Feb 2024 | 276.50 | 268.50 | 307.00 | 261.00 | 1.701 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)
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 300.32 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.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 300.32 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.
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