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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 2024-03-26 View latest technical analysis

10 day averaged volume of Biocon is 264505

Date Daily Closing Price Open High Low Volume
26 Tue Mar 2024 258.00 252.45 259.00 251.50 0.656 times
22 Fri Mar 2024 252.15 249.15 254.65 248.90 0.885 times
21 Thu Mar 2024 248.70 248.50 252.35 247.45 0.66 times
20 Wed Mar 2024 247.00 246.25 249.35 244.40 0.618 times
19 Tue Mar 2024 245.55 251.45 252.45 245.00 0.686 times
18 Mon Mar 2024 250.45 252.50 254.55 247.85 1.122 times
15 Fri Mar 2024 251.65 263.05 263.05 250.25 0.966 times
14 Thu Mar 2024 266.95 250.45 273.45 250.00 1.214 times
13 Wed Mar 2024 253.10 271.00 273.50 251.00 2.21 times
12 Tue Mar 2024 270.35 279.85 281.65 269.85 1.114 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 252.9 as stoploss in an intra day buy trade for a target of 265.62. However, stock will show a bearish move below 252.9.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 218.35
Downside Target 236.80
Downside Target 244.40
Downside Target 249.50
Upside Target 267.55
Upside Target 269.35
Upside Target 282.15
Upside Target 286.30
Upside Target 287.25
Upside Target 294.65
Upside Target 307.00

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 253.33
Downside Intraday Target 248.67
Upside Intraday Target 260.83
Upside Intraday Target 263.67
Downside Intraday Target 256.17

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
26 Tue Mar 2024 258.00 252.45 259.00 251.50 0.165 times
22 Fri Mar 2024 252.15 252.50 254.65 244.40 0.659 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

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
26 Tue Mar 2024 258.00 276.45 287.25 244.40 0.299 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 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 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 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 Weak and stock is losing momentum.

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

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 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 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 255.29 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 Weak and stock is losing momentum.

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

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 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 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 255.29 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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Daily charts

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