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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 2023-11-16 View latest technical analysis

10 day averaged volume of Biocon is 181485

Date Daily Closing Price Open High Low Volume
16 Thu Nov 2023 231.90 229.70 234.15 228.35 1.88 times
15 Wed Nov 2023 229.20 231.50 231.50 228.40 1.274 times
13 Mon Nov 2023 227.35 230.25 231.80 224.40 2.008 times
12 Sun Nov 2023 234.80 236.95 236.95 231.30 0.481 times
10 Fri Nov 2023 227.35 227.55 228.75 222.55 0.799 times
09 Thu Nov 2023 227.10 229.95 229.95 225.90 0.669 times
08 Wed Nov 2023 226.90 227.00 229.25 225.40 0.576 times
07 Tue Nov 2023 225.30 225.65 226.00 223.75 0.527 times
06 Mon Nov 2023 224.90 225.00 226.95 223.60 2.737 times
03 Fri Nov 2023 224.55 223.40 228.10 223.15 0.379 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 230.6, but if it comes below 230.6, then a intra day sell could be more profitable.
If you take a sell trade below 230.6, then use 230.6 as stoploss and 226.14 as target. However if you take a buy trade in stock , then use 230.6 as stoploss and 236 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 217.50
Upside Target 236.95
Upside Target 243.40
Upside Target 249.75
Upside Target 257.50
Upside Target 259.20
Upside Target 270.40
Upside Target 274.80
Upside Target 276.35
Upside Target 279.95

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 225.22
Downside Intraday Target 218.53
Upside Intraday Target 237.77
Upside Intraday Target 243.63
Downside Intraday Target 231.08

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
16 Thu Nov 2023 231.90 236.95 236.95 224.40 1.063 times
10 Fri Nov 2023 227.35 225.00 229.95 222.55 1.834 times
03 Fri Nov 2023 224.55 222.75 228.10 217.50 0.848 times
27 Fri Oct 2023 222.70 230.55 233.40 218.00 1.021 times
20 Fri Oct 2023 230.95 254.25 257.50 230.65 1.394 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
16 Thu Nov 2023 231.90 221.25 236.95 218.35 1.025 times
31 Tue Oct 2023 219.65 271.95 274.80 217.50 0.782 times
29 Fri Sep 2023 272.15 259.95 279.95 259.20 0.735 times
31 Thu Aug 2023 259.40 257.10 276.35 249.75 1.12 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 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 neutral. A longer time frame might give a better analysis.

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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.

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

Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 227.81 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 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 neutral. A longer time frame might give a better analysis.

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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.

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

Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 227.81 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 negative.

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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