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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 2023-11-29 View latest technical analysis

10 day averaged volume of Biocon is 163423

Date Daily Closing Price Open High Low Volume
29 Wed Nov 2023 236.45 234.00 237.40 233.70 1.162 times
28 Tue Nov 2023 233.15 235.20 236.25 231.35 0.625 times
24 Fri Nov 2023 235.20 235.05 238.90 234.70 0.427 times
23 Thu Nov 2023 234.55 236.00 236.30 233.30 0.229 times
22 Wed Nov 2023 235.95 234.05 237.60 234.00 0.606 times
21 Tue Nov 2023 233.65 236.05 236.85 232.80 0.723 times
20 Mon Nov 2023 235.00 233.70 238.65 232.55 0.735 times
17 Fri Nov 2023 232.65 231.90 233.50 231.35 0.923 times
16 Thu Nov 2023 231.90 229.70 234.15 228.35 2.087 times
15 Wed Nov 2023 229.20 231.50 231.50 228.40 1.414 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.9, but if it comes below 234.9, then a intra day sell could be more profitable.
If you take a sell trade below 234.9, then use 234.9 as stoploss and 229.82 as target. However if you take a buy trade in stock , then use 234.9 as stoploss and 241 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 217.50
Upside Target 238.90
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 232.73
Downside Intraday Target 229.02
Upside Intraday Target 238.78
Upside Intraday Target 241.12
Downside Intraday Target 235.07

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
29 Wed Nov 2023 236.45 235.20 237.40 231.35 0.656 times
24 Fri Nov 2023 235.20 233.70 238.90 232.55 0.379 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

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
29 Wed Nov 2023 236.45 221.25 238.90 218.35 1.431 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative zone. This is the SELL 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 233.13 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative zone. This is the SELL 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 233.13 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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