(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 2022-11-23 View latest technical analysis
10 day averaged volume of Biocon is 125040
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||280.10||280.50||283.20||279.50||4.05 times|
|22 Tue Nov 2022||281.95||283.40||284.60||280.10||3.038 times|
|21 Mon Nov 2022||285.20||293.30||293.30||283.00||0.715 times|
|18 Fri Nov 2022||287.35||286.15||289.60||283.05||0.781 times|
|17 Thu Nov 2022||285.85||284.20||286.35||282.20||0.598 times|
|16 Wed Nov 2022||284.45||285.45||287.50||280.50||0.876 times|
|15 Tue Nov 2022||283.90||285.95||285.95||277.75||1.605 times|
|14 Mon Nov 2022||286.40||280.05||287.75||278.80||0.627 times|
|11 Fri Nov 2022||280.95||276.05||284.45||276.05||0.581 times|
|10 Thu Nov 2022||275.55||275.10||283.00||272.20||0.699 times|
Stock of Biocon (Biocon) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 284.4 or till 291.5. Use a stoploss of 278.56 and if this stock hits its stoploss, then it can fall down till 272.69
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||275.3|
|Downside Intraday Target||270.5|
|Upside Intraday Target||289.1|
|Upside Intraday Target||298.1|
|Upside Intraday Target||284.3|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||280.10||293.30||293.30||279.50||1.739 times|
|18 Fri Nov 2022||287.35||280.05||289.60||277.75||1.805 times|
|11 Fri Nov 2022||280.95||274.50||284.45||272.20||0.063 times|
|04 Fri Nov 2022||274.10||272.15||281.80||265.10||7.043 times|
|28 Fri Oct 2022||272.65||271.60||277.10||267.25||1.976 times|
Price has moved down 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|
|23 Wed Nov 2022||280.10||269.35||293.30||265.10||1.294 times|
|31 Mon Oct 2022||269.30||288.60||299.00||260.80||1.589 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|
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||20, 13, 24||Buy|
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Strong and stock is losing 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 282.28 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 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.