(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 2024-06-05 View latest technical analysis
10 day averaged volume of Biocon is 526011
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 304.95 | 291.35 | 307.20 | 288.85 | 0.793 times |
| 04 Tue Jun 2024 | 291.20 | 310.90 | 310.90 | 270.00 | 2.574 times |
| 03 Mon Jun 2024 | 309.35 | 315.00 | 317.50 | 307.15 | 0.905 times |
| 31 Fri May 2024 | 309.30 | 312.00 | 315.45 | 307.20 | 0.35 times |
| 30 Thu May 2024 | 310.80 | 324.40 | 325.50 | 308.80 | 1.25 times |
| 29 Wed May 2024 | 323.60 | 315.00 | 324.50 | 311.00 | 0.874 times |
| 28 Tue May 2024 | 317.80 | 313.45 | 319.90 | 311.05 | 0.558 times |
| 27 Mon May 2024 | 314.75 | 319.00 | 319.00 | 305.50 | 0.86 times |
| 24 Fri May 2024 | 319.30 | 318.70 | 330.95 | 316.70 | 1.774 times |
| 23 Thu May 2024 | 315.35 | 310.60 | 317.25 | 306.60 | 0.643 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 301.5 as stoploss in an intra day buy trade for a target of 308.75. However, stock will show a bearish move below 301.5.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 244.40 |
| Downside Target | 260.00 |
| Downside Target | 270.00 |
| Downside Target | 287.25 |
| Downside Target | 304.10 |
| Upside Target | 314.60 |
| Upside Target | 317.50 |
| Upside Target | 321.30 |
| Upside Target | 325.50 |
| Upside Target | 330.95 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 277.47 |
| Downside Intraday Target | 249.98 |
| Upside Intraday Target | 324.97 |
| Upside Intraday Target | 344.98 |
| Downside Intraday Target | 297.48 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 304.95 | 315.00 | 317.50 | 270.00 | 1.098 times |
| 31 Fri May 2024 | 309.30 | 319.00 | 325.50 | 305.50 | 1.19 times |
| 24 Fri May 2024 | 319.30 | 307.80 | 330.95 | 304.10 | 0.6 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 |
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 |
| 05 Wed Jun 2024 | 304.95 | 315.00 | 317.50 | 270.00 | 0.201 times |
| 31 Fri May 2024 | 309.30 | 300.00 | 330.95 | 292.55 | 1.184 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 SELL. 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 308.87 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 SELL. 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 308.87 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 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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