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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 2024-06-14 View latest technical analysis

10 day averaged volume of Biocon is 509283

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 338.25 341.55 342.20 336.65 0.178 times
13 Thu Jun 2024 338.25 341.55 342.20 336.65 0.178 times
12 Wed Jun 2024 338.75 345.05 346.75 330.40 0.718 times
11 Tue Jun 2024 344.45 342.55 349.45 337.50 0.704 times
10 Mon Jun 2024 339.75 339.55 345.00 336.45 1.034 times
07 Fri Jun 2024 336.00 335.65 341.10 330.95 1.097 times
06 Thu Jun 2024 332.65 308.70 335.40 307.00 1.496 times
05 Wed Jun 2024 304.95 291.35 307.20 288.85 0.819 times
04 Tue Jun 2024 291.20 310.90 310.90 270.00 2.659 times
03 Mon Jun 2024 309.35 315.00 317.50 307.15 0.934 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 335, but if it comes below 335, then a intra day sell could be more profitable.
If you take a sell trade below 335, then use 335 as stoploss and 320.22 as target. However if you take a buy trade in stock , then use 335 as stoploss and 352.8 as target.

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 330.40
Downside Target 330.95
Upside Target 341.10
Upside Target 349.45

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 329.28
Downside Intraday Target 320.32
Upside Intraday Target 348.33
Upside Intraday Target 358.42
Upside Intraday Target 339.37

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 338.25 339.55 349.45 330.40 0.401 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
14 Fri Jun 2024 338.25 315.00 349.45 270.00 0.447 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 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 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 losing 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

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 319.51 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 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 losing 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

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 319.51 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

Click here for further forecast and predictions for tomorrow

Daily charts

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