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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 2023-11-20 View latest technical analysis

10 day averaged volume of Biocon is 213799

Date Daily Closing Price Open High Low Volume
20 Mon Nov 2023 235.00 233.70 238.65 232.55 0.562 times
17 Fri Nov 2023 232.65 231.90 233.50 231.35 0.705 times
16 Thu Nov 2023 231.90 229.70 234.15 228.35 1.595 times
15 Wed Nov 2023 229.20 231.50 231.50 228.40 1.081 times
13 Mon Nov 2023 227.35 230.25 231.80 224.40 1.704 times
12 Sun Nov 2023 234.80 236.95 236.95 231.30 0.408 times
10 Fri Nov 2023 227.35 227.55 228.75 222.55 0.678 times
09 Thu Nov 2023 227.10 229.95 229.95 225.90 0.568 times
08 Wed Nov 2023 226.90 227.00 229.25 225.40 0.489 times
07 Tue Nov 2023 225.30 225.65 226.00 223.75 0.447 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 236.2, for a target of 230.7 or 226.2

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 217.50
Upside Target 238.65
Upside Target 243.40
Upside Target 249.75
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 232.15
Downside Intraday Target 229.3
Upside Intraday Target 238.25
Upside Intraday Target 241.5
Upside Intraday Target 235.4

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
20 Mon Nov 2023 235.00 233.70 238.65 232.55 0.102 times
17 Fri Nov 2023 232.65 236.95 236.95 224.40 1.219 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

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
20 Mon Nov 2023 235.00 221.25 238.65 218.35 1.149 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 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 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 229.66 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 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 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 229.66 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.

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Daily charts

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