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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 2024-04-19 View latest technical analysis

10 day averaged volume of Biocon is 298823

Date Daily Closing Price Open High Low Volume
19 Fri Apr 2024 261.70 262.85 265.50 260.00 1.16 times
18 Thu Apr 2024 267.30 272.25 275.45 265.90 0.953 times
16 Tue Apr 2024 263.10 265.00 269.00 262.00 0.741 times
15 Mon Apr 2024 265.45 265.60 270.35 262.20 1.221 times
12 Fri Apr 2024 274.05 279.90 282.95 273.15 1.281 times
10 Wed Apr 2024 278.50 272.50 283.25 271.95 1.94 times
09 Tue Apr 2024 271.45 275.05 276.80 269.50 0.78 times
08 Mon Apr 2024 273.85 272.80 277.00 267.75 0.562 times
05 Fri Apr 2024 270.70 271.25 272.75 269.00 1.784 times
04 Thu Apr 2024 270.25 274.75 274.75 269.40 0.218 times

My analysis of stock is bearish for shortterm, and stock might move down till 254.5 or till 243.1. Use a stoploss of 264.05 and if the stock hits stoploss, then it can shoot up till 273.55

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 274.80
Upside Target 275.45
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 255.98
Downside Intraday Target 250.27
Upside Intraday Target 271.43
Upside Intraday Target 281.17
Upside Intraday Target 265.72

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
19 Fri Apr 2024 261.70 265.60 275.45 260.00 0.893 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
19 Fri Apr 2024 261.70 267.10 283.25 260.00 0.577 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.

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 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 270.32 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.

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 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 270.32 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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Daily charts

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