(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 2023-01-18 View latest technical analysis
10 day averaged volume of Biocon is 105771
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 249.60 | 249.05 | 250.40 | 248.30 | 0.39 times |
| 17 Tue Jan 2023 | 249.35 | 250.05 | 251.20 | 247.50 | 0.426 times |
| 16 Mon Jan 2023 | 250.50 | 250.00 | 254.05 | 249.10 | 1.827 times |
| 13 Fri Jan 2023 | 252.10 | 250.25 | 252.80 | 246.35 | 0.588 times |
| 12 Thu Jan 2023 | 250.10 | 251.05 | 252.65 | 248.50 | 0.718 times |
| 11 Wed Jan 2023 | 251.50 | 257.40 | 258.60 | 251.00 | 1.27 times |
| 10 Tue Jan 2023 | 257.90 | 257.10 | 259.80 | 256.45 | 0.703 times |
| 09 Mon Jan 2023 | 256.80 | 256.65 | 259.05 | 255.15 | 0.512 times |
| 06 Fri Jan 2023 | 256.30 | 261.00 | 261.45 | 254.65 | 1.441 times |
| 05 Thu Jan 2023 | 260.40 | 260.20 | 261.95 | 259.45 | 1.956 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 252.5, but if it comes above 252.5, then a intra day buy could be more profitable.
If you take a sell trade below 252.5, then use 252.5 as stoploss and 245 as target. However if you take a buy trade in stock , then use 252.5 as stoploss and 258.79 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 246.35 |
| Upside Target | 254.05 |
| Upside Target | 265.90 |
| Upside Target | 270.30 |
| Upside Target | 273.65 |
| Upside Target | 276.85 |
| Upside Target | 286.40 |
| Upside Target | 293.30 |
| Upside Target | 299.00 |
| Upside Target | 309.00 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 246.72 |
| Downside Intraday Target | 243.83 |
| Upside Intraday Target | 253.27 |
| Upside Intraday Target | 256.93 |
| Upside Intraday Target | 250.38 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 249.60 | 250.00 | 254.05 | 247.50 | 0.698 times |
| 13 Fri Jan 2023 | 252.10 | 256.65 | 259.80 | 246.35 | 0.781 times |
| 06 Fri Jan 2023 | 256.30 | 261.80 | 265.90 | 254.65 | 1.347 times |
| 30 Fri Dec 2022 | 261.80 | 267.15 | 270.30 | 260.35 | 0.643 times |
| 23 Fri Dec 2022 | 267.10 | 266.15 | 276.85 | 259.25 | 0.318 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 |
| 18 Wed Jan 2023 | 249.60 | 261.80 | 265.90 | 246.35 | 0.177 times |
| 30 Fri Dec 2022 | 261.80 | 283.20 | 286.40 | 259.25 | 0.905 times |
| 30 Wed Nov 2022 | 283.20 | 269.35 | 293.30 | 265.10 | 1.465 times |
| 31 Mon Oct 2022 | 269.30 | 288.60 | 299.00 | 258.30 | 1.925 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)
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 moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 254.29 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 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 moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 254.29 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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