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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)

10 day averaged volume of Biocon is 370824

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 345.60 346.45 350.95 340.05 1.223 times
20 Thu Jun 2024 343.20 334.10 344.30 330.60 1.329 times
19 Wed Jun 2024 332.75 329.55 339.00 327.90 0.702 times
18 Tue Jun 2024 328.30 331.70 332.85 326.50 0.547 times
14 Fri Jun 2024 338.25 341.55 342.20 336.65 0.244 times
13 Thu Jun 2024 338.25 341.55 342.20 336.65 0.244 times
12 Wed Jun 2024 338.75 345.05 346.75 330.40 0.986 times
11 Tue Jun 2024 344.45 342.55 349.45 337.50 0.967 times
10 Mon Jun 2024 339.75 339.55 345.00 336.45 1.421 times
07 Fri Jun 2024 336.00 335.65 341.10 330.95 1.507 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 341, but if it comes below 341, then a intra day sell could be more profitable.
If you take a sell trade below 341, then use 341 as stoploss and 325.95 as target. However if you take a buy trade in stock , then use 341 as stoploss and 359.1 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 244.40
Downside Target 260.00
Downside Target 270.00
Downside Target 287.25
Downside Target 304.10
Downside Target 314.60
Downside Target 325.50
Downside Target 330.95
Downside Target 341.10
Upside Target 349.45
Upside Target 350.95

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 331.08
Downside Intraday Target 316.57
Upside Intraday Target 355.53
Upside Intraday Target 365.47
Downside Intraday Target 341.02

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 345.60 331.70 350.95 326.50 0.984 times
14 Fri Jun 2024 338.25 339.55 349.45 330.40 0.401 times
07 Fri Jun 2024 336.00 315.00 341.10 270.00 1.743 times
31 Fri May 2024 309.30 319.00 325.50 305.50 1.19 times
24 Fri May 2024 319.30 307.80 330.95 304.10 0.6 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
21 Fri Jun 2024 345.60 315.00 350.95 270.00 0.574 times
31 Fri May 2024 309.30 300.00 330.95 292.55 1.184 times
30 Tue Apr 2024 298.60 267.10 314.60 260.00 1.494 times
28 Thu Mar 2024 264.10 276.45 287.25 244.40 0.417 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

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

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 339.5 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

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

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 339.5 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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

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Daily charts

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