Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-21 View latest technical analysis

10 day averaged volume of Biocon is 275739

Date Daily Closing Price Open High Low Volume
21 Thu Mar 2024 248.70 248.50 252.35 247.45 0.633 times
20 Wed Mar 2024 247.00 246.25 249.35 244.40 0.593 times
19 Tue Mar 2024 245.55 251.45 252.45 245.00 0.658 times
18 Mon Mar 2024 250.45 252.50 254.55 247.85 1.076 times
15 Fri Mar 2024 251.65 263.05 263.05 250.25 0.927 times
14 Thu Mar 2024 266.95 250.45 273.45 250.00 1.164 times
13 Wed Mar 2024 253.10 271.00 273.50 251.00 2.12 times
12 Tue Mar 2024 270.35 279.85 281.65 269.85 1.069 times
11 Mon Mar 2024 279.45 284.40 286.30 278.15 0.502 times
07 Thu Mar 2024 281.85 275.05 285.25 275.05 0.682 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 255.1, but if it comes above 255.1, then a intra day buy could be more profitable.
If you take a sell trade below 255.1, then use 255.1 as stoploss and 240.3 as target. However if you take a buy trade in stock , then use 255.1 as stoploss and 267.42 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 218.35
Downside Target 236.80
Downside Target 244.40
Upside Target 249.50
Upside Target 267.55
Upside Target 282.15
Upside Target 286.30
Upside Target 287.25
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 243.88
Downside Intraday Target 239.07
Upside Intraday Target 254.03
Upside Intraday Target 259.37
Upside Intraday Target 249.22

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
21 Thu Mar 2024 248.70 252.50 254.55 244.40 0.512 times
15 Fri Mar 2024 251.65 284.40 286.30 250.00 1.218 times
07 Thu Mar 2024 281.85 277.45 287.25 269.35 0.191 times
02 Sat Mar 2024 276.85 275.45 282.15 267.55 2.488 times
23 Fri Feb 2024 273.15 287.40 302.95 268.05 1.365 times

Price has moved down 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
21 Thu Mar 2024 248.70 276.45 287.25 244.40 0.272 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Biocon ( (Biocon) ) based on a short 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.

Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Biocon in short term and the sell signal is strong.

Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 258.6 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Biocon ( (Biocon) ) based on a short 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.

Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Biocon in short term and the sell signal is strong.

Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 258.6 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.

Click here for Biocon charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme