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(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 2023-01-19 View latest technical analysis

10 day averaged volume of Biocon is 103982

Date Daily Closing Price Open High Low Volume
19 Thu Jan 2023 249.05 250.95 250.95 247.80 0.24 times
18 Wed Jan 2023 249.60 249.05 250.40 248.30 0.397 times
17 Tue Jan 2023 249.35 250.05 251.20 247.50 0.434 times
16 Mon Jan 2023 250.50 250.00 254.05 249.10 1.859 times
13 Fri Jan 2023 252.10 250.25 252.80 246.35 0.598 times
12 Thu Jan 2023 250.10 251.05 252.65 248.50 0.73 times
11 Wed Jan 2023 251.50 257.40 258.60 251.00 1.291 times
10 Tue Jan 2023 257.90 257.10 259.80 256.45 0.715 times
09 Mon Jan 2023 256.80 256.65 259.05 255.15 0.521 times
06 Fri Jan 2023 256.30 261.00 261.45 254.65 1.466 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 251.7, but if it comes above 251.7, then a intra day buy could be more profitable.
If you take a sell trade below 251.7, then use 251.7 as stoploss and 244.4 as target. However if you take a buy trade in stock , then use 251.7 as stoploss and 257.76 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 246.35
Downside Intraday Target 243.65
Upside Intraday Target 252.9
Upside Intraday Target 256.75
Upside Intraday Target 250.2

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
19 Thu Jan 2023 249.05 250.00 254.05 247.50 0.76 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
19 Thu Jan 2023 249.05 261.80 265.90 246.35 0.181 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 losing 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 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 252.66 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 losing 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 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 252.66 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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Daily charts

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