(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 2024-05-03 View latest technical analysis
10 day averaged volume of Biocon is 745897
Date | Daily Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 305.20 | 314.40 | 314.65 | 299.50 | 1.076 times |
02 Thu May 2024 | 311.05 | 300.00 | 313.00 | 296.40 | 1.394 times |
30 Tue Apr 2024 | 298.60 | 307.30 | 307.30 | 297.25 | 0.328 times |
29 Mon Apr 2024 | 306.00 | 310.75 | 314.60 | 301.00 | 1.234 times |
26 Fri Apr 2024 | 307.00 | 292.00 | 313.35 | 292.00 | 2.917 times |
25 Thu Apr 2024 | 291.70 | 292.00 | 293.50 | 288.00 | 0.32 times |
24 Wed Apr 2024 | 289.55 | 284.00 | 294.90 | 281.50 | 2.112 times |
23 Tue Apr 2024 | 280.35 | 275.30 | 281.10 | 271.60 | 0.345 times |
22 Mon Apr 2024 | 271.00 | 263.85 | 272.55 | 262.30 | 0.502 times |
19 Fri Apr 2024 | 261.70 | 262.85 | 265.50 | 260.00 | 0.465 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 297.3, but if it comes below 297.3, then a intra day sell could be more profitable.
If you take a sell trade below 297.3, then use 297.3 as stoploss and 281.47 as target. However if you take a buy trade in stock , then use 297.3 as stoploss and 316.2 as target.
Share price targets for Biocon (Biocon)
Target Type | Value |
Downside Target | 244.40 |
Downside Target | 249.50 |
Downside Target | 260.00 |
Downside Target | 274.80 |
Downside Target | 283.25 |
Downside Target | 294.65 |
Downside Target | 296.40 |
Upside Target | 307.00 |
Upside Target | 313.35 |
Upside Target | 314.60 |
Upside Target | 314.65 |
Intraday share price targets for Biocon (Biocon)
Target Type | Value |
Downside Intraday Target | 296.18 |
Downside Intraday Target | 287.17 |
Upside Intraday Target | 314.43 |
Upside Intraday Target | 323.67 |
Upside Intraday Target | 305.42 |
Weekly technical analysis of Biocon (Biocon)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 305.20 | 310.75 | 314.65 | 296.40 | 0.651 times |
26 Fri Apr 2024 | 307.00 | 263.85 | 313.35 | 262.30 | 3.796 times |
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 |
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 |
03 Fri May 2024 | 305.20 | 300.00 | 314.65 | 296.40 | 0.195 times |
30 Tue Apr 2024 | 298.60 | 267.10 | 314.60 | 260.00 | 1.494 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Biocon in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 298.55 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Biocon in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 298.55 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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