(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 2023-01-31 View latest technical analysis
10 day averaged volume of Biocon is 96536
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 235.10 | 234.95 | 236.00 | 232.45 | 1.007 times |
| 30 Mon Jan 2023 | 233.80 | 235.50 | 235.80 | 229.70 | 1.655 times |
| 27 Fri Jan 2023 | 235.50 | 236.05 | 239.95 | 232.65 | 2.68 times |
| 25 Wed Jan 2023 | 235.30 | 245.55 | 246.00 | 234.40 | 0.959 times |
| 24 Tue Jan 2023 | 245.90 | 248.60 | 250.40 | 245.45 | 0.576 times |
| 23 Mon Jan 2023 | 248.40 | 244.55 | 249.50 | 244.55 | 0.528 times |
| 20 Fri Jan 2023 | 245.00 | 247.90 | 250.30 | 244.60 | 0.447 times |
| 19 Thu Jan 2023 | 249.05 | 250.95 | 250.95 | 247.80 | 0.259 times |
| 18 Wed Jan 2023 | 249.60 | 249.05 | 250.40 | 248.30 | 0.427 times |
| 17 Tue Jan 2023 | 249.35 | 250.05 | 251.20 | 247.50 | 0.467 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 240.7, but if it comes above 240.7, then a intra day buy could be more profitable.
If you take a sell trade below 240.7, then use 240.7 as stoploss and 230.2 as target. However if you take a buy trade in stock , then use 240.7 as stoploss and 249.34 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 229.70 |
| Upside Target | 244.60 |
| Upside Target | 260.80 |
| Upside Target | 265.10 |
| Upside Target | 265.90 |
| Upside Target | 273.65 |
| 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 | 231.2 |
| Downside Intraday Target | 227.3 |
| Upside Intraday Target | 237.5 |
| Upside Intraday Target | 239.9 |
| Downside Intraday Target | 233.6 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 235.10 | 235.50 | 236.00 | 229.70 | 0.561 times |
| 27 Fri Jan 2023 | 235.50 | 244.55 | 250.40 | 232.65 | 1.317 times |
| 20 Fri Jan 2023 | 245.00 | 250.00 | 254.05 | 244.60 | 0.867 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 |
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 |
| 31 Tue Jan 2023 | 235.10 | 261.80 | 265.90 | 229.70 | 0.294 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 | 1.775 times |
| 31 Mon Oct 2022 | 269.30 | 288.60 | 299.00 | 260.80 | 1.589 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 5, 37, 75 | Sell |
| MACD | -15, -13 | Sell |
| Stochastics | 18 | Sell |
| CCI | -95 | Buy |
| RSI | 38 | Sell |
| OBV | -509376 | Sell |
| VWAP | 239 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 weakening, and bulls are picking up momentum!
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 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 238.79 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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