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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 2023-12-05 View latest technical analysis

10 day averaged volume of Biocon is 124301

Date Daily Closing Price Open High Low Volume
05 Tue Dec 2023 243.00 241.05 243.50 240.30 1.886 times
04 Mon Dec 2023 240.70 244.70 244.70 238.90 0.859 times
01 Fri Dec 2023 240.65 240.05 245.00 240.05 2.414 times
30 Thu Nov 2023 238.45 238.45 239.10 236.10 0.8 times
29 Wed Nov 2023 236.45 234.00 237.40 233.70 1.527 times
28 Tue Nov 2023 233.15 235.20 236.25 231.35 0.821 times
24 Fri Nov 2023 235.20 235.05 238.90 234.70 0.561 times
23 Thu Nov 2023 234.55 236.00 236.30 233.30 0.302 times
22 Wed Nov 2023 235.95 234.05 237.60 234.00 0.797 times
21 Tue Nov 2023 233.65 236.05 236.85 232.80 0.951 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 244.4, for a target of 238.4 or 233.47

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 217.50
Downside Target 229.95
Downside Target 239.10
Upside Target 244.70
Upside Target 245.00
Upside Target 249.75
Upside Target 259.20
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 239.7
Downside Intraday Target 236.4
Upside Intraday Target 245.5
Upside Intraday Target 248
Downside Intraday Target 242.2

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
05 Tue Dec 2023 243.00 244.70 244.70 238.90 0.494 times
01 Fri Dec 2023 240.65 235.20 245.00 231.35 1.555 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

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
05 Tue Dec 2023 243.00 240.05 245.00 238.90 0.199 times
30 Thu Nov 2023 238.45 221.25 239.10 218.35 1.476 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

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 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 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 Strong 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 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 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 238.35 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 positive

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 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 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 Strong 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 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 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 238.35 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 positive

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

Click here for further forecast and predictions for tomorrow

Daily charts

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