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 2022-10-03 View latest technical analysis

10 day averaged volume of Biocon is 128953

Date Daily Closing Price Open High Low Volume
03 Mon Oct 2022 291.95 288.60 296.15 288.60 0.477 times
30 Fri Sep 2022 290.85 285.05 292.40 285.05 0.904 times
29 Thu Sep 2022 286.90 286.00 288.65 284.30 0.539 times
28 Wed Sep 2022 284.05 278.05 287.00 277.10 0.804 times
27 Tue Sep 2022 280.15 277.00 281.10 273.65 0.504 times
26 Mon Sep 2022 276.00 284.85 284.85 275.40 0.997 times
23 Fri Sep 2022 284.10 288.35 292.60 283.05 0.956 times
22 Thu Sep 2022 289.50 289.40 290.60 285.55 0.55 times
21 Wed Sep 2022 289.40 296.30 298.40 289.00 0.575 times
20 Tue Sep 2022 298.30 290.10 301.00 290.10 0.955 times

My analysis of stock is bearish for shortterm, and stock might move down till 284.8 or till 274.9. Use a stoploss of 293.03 and if the stock hits stoploss, then it can shoot up till 301.25

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 273.65
Downside Target 283.05
Upside Target 301.00
Upside Target 304.70
Upside Target 305.00
Upside Target 307.00
Upside Target 309.00
Upside Target 320.00
Upside Target 341.50
Upside Target 344.00

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 288.32
Downside Intraday Target 284.68
Upside Intraday Target 295.87
Upside Intraday Target 299.78
Upside Intraday Target 292.23

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
03 Mon Oct 2022 291.95 288.60 296.15 288.60 0.127 times
30 Fri Sep 2022 290.85 284.85 292.40 273.65 0.599 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

Price has moved up 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
03 Mon Oct 2022 291.95 288.60 296.15 288.60 0.023 times
30 Fri Sep 2022 290.85 303.00 309.00 273.65 0.979 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

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 26, 22, 9 Buy
MACD -10, -11Buy
Stochastics 58None
CCI 73Buy
RSI 41Sell
OBV -134780Sell
VWAP 287Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Biocon in short term and BUY 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

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 286.97 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 is giving positive 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