(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 2024-06-18 View latest technical analysis
10 day averaged volume of Biocon is 499922
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 328.30 | 331.70 | 332.85 | 326.50 | 0.406 times |
| 14 Fri Jun 2024 | 338.25 | 341.55 | 342.20 | 336.65 | 0.181 times |
| 13 Thu Jun 2024 | 338.25 | 341.55 | 342.20 | 336.65 | 0.181 times |
| 12 Wed Jun 2024 | 338.75 | 345.05 | 346.75 | 330.40 | 0.731 times |
| 11 Tue Jun 2024 | 344.45 | 342.55 | 349.45 | 337.50 | 0.717 times |
| 10 Mon Jun 2024 | 339.75 | 339.55 | 345.00 | 336.45 | 1.054 times |
| 07 Fri Jun 2024 | 336.00 | 335.65 | 341.10 | 330.95 | 1.118 times |
| 06 Thu Jun 2024 | 332.65 | 308.70 | 335.40 | 307.00 | 1.524 times |
| 05 Wed Jun 2024 | 304.95 | 291.35 | 307.20 | 288.85 | 0.834 times |
| 04 Tue Jun 2024 | 291.20 | 310.90 | 310.90 | 270.00 | 2.708 times |
My analysis of stock is bullish for shortterm, and stock might move up till 335.9 or till 353.3. Use a stoploss of 321.4 and if this stock hits its stoploss, then it can fall down till 306.92
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 | 325.50 |
| Upside Target | 330.95 |
| Upside Target | 332.85 |
| Upside Target | 341.10 |
| Upside Target | 349.45 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 325.58 |
| Downside Intraday Target | 322.87 |
| Upside Intraday Target | 331.93 |
| Upside Intraday Target | 335.57 |
| Upside Intraday Target | 329.22 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 328.30 | 331.70 | 332.85 | 326.50 | 0.142 times |
| 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 |
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 |
| 18 Tue Jun 2024 | 328.30 | 315.00 | 349.45 | 270.00 | 0.466 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 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 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 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 SELL. 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.
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 but SELL signal is weak.
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 320.91 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 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 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 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 SELL. 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.
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 but SELL signal is weak.
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 320.91 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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