(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 2024-04-16 View latest technical analysis
10 day averaged volume of Biocon is 279382
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 263.10 | 265.00 | 269.00 | 262.00 | 0.793 times |
15 Mon Apr 2024 | 265.45 | 265.60 | 270.35 | 262.20 | 1.306 times |
12 Fri Apr 2024 | 274.05 | 279.90 | 282.95 | 273.15 | 1.371 times |
10 Wed Apr 2024 | 278.50 | 272.50 | 283.25 | 271.95 | 2.075 times |
09 Tue Apr 2024 | 271.45 | 275.05 | 276.80 | 269.50 | 0.834 times |
08 Mon Apr 2024 | 273.85 | 272.80 | 277.00 | 267.75 | 0.601 times |
05 Fri Apr 2024 | 270.70 | 271.25 | 272.75 | 269.00 | 1.909 times |
04 Thu Apr 2024 | 270.25 | 274.75 | 274.75 | 269.40 | 0.233 times |
03 Wed Apr 2024 | 272.55 | 272.00 | 274.80 | 269.80 | 0.556 times |
02 Tue Apr 2024 | 270.15 | 269.75 | 272.50 | 268.45 | 0.697 times |
My analysis of stock is bullish for shortterm, and stock might move up till 272.9 or till 285.2. Use a stoploss of 262.7 and if this stock hits its stoploss, then it can fall down till 252.47
Share price targets for Biocon (Biocon)
Target Type | Value |
Downside Target | 236.80 |
Downside Target | 244.40 |
Downside Target | 249.50 |
Upside Target | 267.75 |
Upside Target | 270.35 |
Upside Target | 274.80 |
Upside Target | 283.25 |
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 | 259.95 |
Downside Intraday Target | 256.8 |
Upside Intraday Target | 268.3 |
Upside Intraday Target | 273.5 |
Upside Intraday Target | 265.15 |
Weekly technical analysis of Biocon (Biocon)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 263.10 | 265.60 | 270.35 | 262.00 | 0.43 times |
12 Fri Apr 2024 | 274.05 | 272.80 | 283.25 | 267.75 | 1.28 times |
05 Fri Apr 2024 | 270.70 | 267.10 | 274.80 | 266.00 | 0.541 times |
28 Thu Mar 2024 | 264.10 | 252.45 | 266.70 | 251.50 | 1.875 times |
22 Fri Mar 2024 | 252.15 | 252.50 | 254.65 | 244.40 | 0.659 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 |
16 Tue Apr 2024 | 263.10 | 267.10 | 283.25 | 262.00 | 0.477 times |
28 Thu Mar 2024 | 264.10 | 276.45 | 287.25 | 244.40 | 0.417 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Biocon in short term and the buy signal is strong.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term and SELL 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
Although the stock is in the BUY zone, but buying 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 271.76 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Biocon in short term and the buy signal is strong.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term and SELL 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
Although the stock is in the BUY zone, but buying 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 271.76 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.
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