(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 2024-05-21 View latest technical analysis
10 day averaged volume of Biocon is 504991
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 307.50 | 307.80 | 310.35 | 304.10 | 0.666 times |
| 18 Sat May 2024 | 304.70 | 306.00 | 310.35 | 303.00 | 0.242 times |
| 17 Fri May 2024 | 305.85 | 305.00 | 311.35 | 303.60 | 1.612 times |
| 16 Thu May 2024 | 305.90 | 315.05 | 315.35 | 302.90 | 0.651 times |
| 15 Wed May 2024 | 311.55 | 314.30 | 321.30 | 309.00 | 1.187 times |
| 14 Tue May 2024 | 310.75 | 302.65 | 312.90 | 301.80 | 1.07 times |
| 13 Mon May 2024 | 301.70 | 303.55 | 306.40 | 293.55 | 0.911 times |
| 10 Fri May 2024 | 304.00 | 301.15 | 307.95 | 296.40 | 0.979 times |
| 09 Thu May 2024 | 298.85 | 308.95 | 312.10 | 297.20 | 0.647 times |
| 08 Wed May 2024 | 306.60 | 295.35 | 307.85 | 295.35 | 1.307 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 309.9 as stoploss in an intra day sell trade for a target of 302.19. However, stock will show a bullish move above 309.9.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 244.40 |
| Downside Target | 249.50 |
| Downside Target | 260.00 |
| Downside Target | 287.25 |
| Downside Target | 304.10 |
| Upside Target | 310.35 |
| Upside Target | 312.10 |
| Upside Target | 313.35 |
| Upside Target | 314.60 |
| Upside Target | 314.65 |
| Upside Target | 321.30 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 304.28 |
| Downside Intraday Target | 301.07 |
| Upside Intraday Target | 310.53 |
| Upside Intraday Target | 313.57 |
| Downside Intraday Target | 307.32 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 307.50 | 307.80 | 310.35 | 304.10 | 0.117 times |
| 18 Sat May 2024 | 304.70 | 303.55 | 321.30 | 293.55 | 1.062 times |
| 10 Fri May 2024 | 304.00 | 307.00 | 312.10 | 292.55 | 0.897 times |
| 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 |
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 |
| 21 Tue May 2024 | 307.50 | 300.00 | 321.30 | 292.55 | 0.821 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 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 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 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 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 SELL signal for Biocon in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 BUY signal in short term but buying 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 306.25 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 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 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 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 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 SELL signal for Biocon in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 BUY signal in short term but buying 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 306.25 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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