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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 994053

Date Daily Closing Price Open High Low Volume
01 Fri Mar 2024 273.85 276.45 282.15 272.60 0.378 times
29 Thu Feb 2024 276.50 273.95 277.60 267.55 5.392 times
28 Wed Feb 2024 270.95 276.95 281.35 270.25 0.297 times
27 Tue Feb 2024 275.65 273.50 282.00 273.35 0.498 times
26 Mon Feb 2024 273.00 275.45 275.85 269.15 0.299 times
23 Fri Feb 2024 273.15 272.35 274.90 270.00 0.315 times
22 Thu Feb 2024 271.10 275.35 275.75 268.05 0.288 times
21 Wed Feb 2024 274.00 281.90 283.60 272.80 0.383 times
20 Tue Feb 2024 281.50 287.15 289.40 279.85 0.408 times
19 Mon Feb 2024 290.75 287.40 302.95 287.20 1.371 times

My analysis of stock is bearish for shortterm, and stock might move down till 269.5 or till 259.4. Use a stoploss of 277.97 and if the stock hits stoploss, then it can shoot up till 286.43

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 218.35
Downside Target 236.80
Downside Target 249.50
Downside Target 256.50
Downside Target 267.55
Upside Target 280.65
Upside Target 282.15
Upside Target 289.50
Upside Target 294.65
Upside Target 302.95
Upside Target 307.00

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 266.88
Downside Intraday Target 259.92
Upside Intraday Target 281.48
Upside Intraday Target 289.12
Upside Intraday Target 274.52

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
01 Fri Mar 2024 273.85 275.45 282.15 267.55 2.482 times
23 Fri Feb 2024 273.15 287.40 302.95 268.05 1.365 times
16 Fri Feb 2024 287.15 277.55 289.50 261.00 0.575 times
09 Fri Feb 2024 273.60 276.35 307.00 271.50 2.815 times
02 Fri Feb 2024 274.70 260.85 280.65 256.50 1.53 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Biocon (Biocon)

Date Monthly Closing Price Open High Low Volume
01 Fri Mar 2024 273.85 276.45 282.15 272.60 0.025 times
29 Thu Feb 2024 276.50 268.50 307.00 261.00 1.701 times
31 Wed Jan 2024 268.50 250.00 294.65 249.50 1.778 times
29 Fri Dec 2023 249.75 240.05 257.65 236.80 1.55 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 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 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 neutral. A longer time frame might give a better analysis.

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 gaining 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 buy signal for Biocon in short term but BUY signal is weak.

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 277.94 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 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 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 neutral. A longer time frame might give a better analysis.

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 gaining 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 buy signal for Biocon in short term but BUY signal is weak.

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 277.94 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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Daily chart
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