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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 2024-03-27 View latest technical analysis

10 day averaged volume of Biocon is 268018

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 256.60 256.25 263.00 255.75 1.132 times
26 Tue Mar 2024 258.00 252.45 259.00 251.50 0.648 times
22 Fri Mar 2024 252.15 249.15 254.65 248.90 0.874 times
21 Thu Mar 2024 248.70 248.50 252.35 247.45 0.652 times
20 Wed Mar 2024 247.00 246.25 249.35 244.40 0.61 times
19 Tue Mar 2024 245.55 251.45 252.45 245.00 0.677 times
18 Mon Mar 2024 250.45 252.50 254.55 247.85 1.107 times
15 Fri Mar 2024 251.65 263.05 263.05 250.25 0.953 times
14 Thu Mar 2024 266.95 250.45 273.45 250.00 1.198 times
13 Wed Mar 2024 253.10 271.00 273.50 251.00 2.181 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 as stoploss in an intra day buy trade for a target of 264.66. However, stock will show a bearish move below 252.

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 251.07
Downside Intraday Target 245.53
Upside Intraday Target 262.57
Upside Intraday Target 268.53
Upside Intraday Target 257.03

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 256.60 252.45 263.00 251.50 0.454 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
27 Wed Mar 2024 256.60 276.45 287.25 244.40 0.319 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 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 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

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 253.79 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 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 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

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 253.79 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.

Click here for Biocon charts

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Daily charts

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