(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 181822
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 263.95 | 266.50 | 269.05 | 261.05 | 0.929 times |
| 21 Thu Sep 2023 | 267.05 | 275.95 | 276.00 | 266.10 | 0.969 times |
| 20 Wed Sep 2023 | 273.50 | 274.75 | 275.55 | 268.60 | 0.724 times |
| 18 Mon Sep 2023 | 273.05 | 277.05 | 278.40 | 272.00 | 0.987 times |
| 15 Fri Sep 2023 | 276.85 | 274.10 | 279.95 | 273.60 | 0.884 times |
| 14 Thu Sep 2023 | 274.85 | 272.00 | 275.25 | 271.35 | 1.228 times |
| 13 Wed Sep 2023 | 270.95 | 267.70 | 271.75 | 266.00 | 0.332 times |
| 12 Tue Sep 2023 | 267.00 | 276.55 | 277.40 | 265.55 | 1.73 times |
| 11 Mon Sep 2023 | 276.45 | 266.50 | 278.00 | 266.50 | 2.283 times |
| 08 Fri Sep 2023 | 266.50 | 267.00 | 269.00 | 265.95 | 0.317 times |
My analysis of stock is bearish for shortterm, and stock might move down till 260.2 or till 252.7. Use a stoploss of 266.48 and if the stock hits stoploss, then it can shoot up till 272.73
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 232.45 |
| Downside Target | 243.40 |
| Downside Target | 249.75 |
| Upside Target | 265.55 |
| Upside Target | 267.60 |
| Upside Target | 270.40 |
| Upside Target | 273.45 |
| Upside Target | 276.35 |
| Upside Target | 278.40 |
| Upside Target | 279.95 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 257.2 |
| Downside Intraday Target | 250.45 |
| Upside Intraday Target | 274.55 |
| Upside Intraday Target | 285.15 |
| Upside Intraday Target | 267.8 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 263.95 | 277.05 | 278.40 | 261.05 | 0.559 times |
| 15 Fri Sep 2023 | 276.85 | 266.50 | 279.95 | 265.55 | 2.596 times |
| 08 Fri Sep 2023 | 266.50 | 263.95 | 273.45 | 260.80 | 1.057 times |
| 01 Fri Sep 2023 | 260.65 | 255.55 | 263.25 | 254.45 | 1.363 times |
| 25 Fri Aug 2023 | 255.50 | 256.25 | 263.90 | 254.35 | 0.438 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 |
| 22 Fri Sep 2023 | 263.95 | 259.95 | 279.95 | 259.20 | 0.639 times |
| 31 Thu Aug 2023 | 259.40 | 257.10 | 276.35 | 249.75 | 1.12 times |
| 31 Mon Jul 2023 | 257.05 | 266.50 | 270.40 | 243.40 | 0.99 times |
| 30 Fri Jun 2023 | 265.55 | 247.00 | 267.60 | 234.00 | 0.808 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
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 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 positive zone. This is a BUY 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 271.72 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.
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
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 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 positive zone. This is a BUY 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 271.72 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.
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