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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 2024-06-10 View latest technical analysis

10 day averaged volume of Biocon is 561452

Date Daily Closing Price Open High Low Volume
10 Mon Jun 2024 339.75 339.55 345.00 336.45 0.938 times
07 Fri Jun 2024 336.00 335.65 341.10 330.95 0.995 times
06 Thu Jun 2024 332.65 308.70 335.40 307.00 1.357 times
05 Wed Jun 2024 304.95 291.35 307.20 288.85 0.743 times
04 Tue Jun 2024 291.20 310.90 310.90 270.00 2.412 times
03 Mon Jun 2024 309.35 315.00 317.50 307.15 0.847 times
31 Fri May 2024 309.30 312.00 315.45 307.20 0.328 times
30 Thu May 2024 310.80 324.40 325.50 308.80 1.171 times
29 Wed May 2024 323.60 315.00 324.50 311.00 0.819 times
28 Tue May 2024 317.80 313.45 319.90 311.05 0.522 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 339, for a target of 325.4 or 313.94

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
Downside Target 314.60
Downside Target 321.30
Downside Target 330.95
Downside Target 336.45
Upside Target 341.10
Upside Target 345.00

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 335.8
Downside Intraday Target 331.85
Upside Intraday Target 344.35
Upside Intraday Target 348.95
Upside Intraday Target 340.4

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
10 Mon Jun 2024 339.75 339.55 345.00 336.45 0.148 times
07 Fri Jun 2024 336.00 315.00 341.10 270.00 1.743 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

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
10 Mon Jun 2024 339.75 315.00 345.00 270.00 0.366 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 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 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 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 Weak 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 stronger in this stock.

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 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 315.01 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 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 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 Weak 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 stronger in this stock.

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 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 315.01 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.

Click here for Biocon charts

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Daily charts

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