(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.
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