(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 2024-06-21 View latest technical analysis
10 day averaged volume of Biocon is 370824
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 345.60 | 346.45 | 350.95 | 340.05 | 1.223 times |
| 20 Thu Jun 2024 | 343.20 | 334.10 | 344.30 | 330.60 | 1.329 times |
| 19 Wed Jun 2024 | 332.75 | 329.55 | 339.00 | 327.90 | 0.702 times |
| 18 Tue Jun 2024 | 328.30 | 331.70 | 332.85 | 326.50 | 0.547 times |
| 14 Fri Jun 2024 | 338.25 | 341.55 | 342.20 | 336.65 | 0.244 times |
| 13 Thu Jun 2024 | 338.25 | 341.55 | 342.20 | 336.65 | 0.244 times |
| 12 Wed Jun 2024 | 338.75 | 345.05 | 346.75 | 330.40 | 0.986 times |
| 11 Tue Jun 2024 | 344.45 | 342.55 | 349.45 | 337.50 | 0.967 times |
| 10 Mon Jun 2024 | 339.75 | 339.55 | 345.00 | 336.45 | 1.421 times |
| 07 Fri Jun 2024 | 336.00 | 335.65 | 341.10 | 330.95 | 1.507 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 341, but if it comes below 341, then a intra day sell could be more profitable.
If you take a sell trade below 341, then use 341 as stoploss and 325.95 as target. However if you take a buy trade in stock , then use 341 as stoploss and 359.1 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 | 325.50 |
| Downside Target | 330.95 |
| Downside Target | 341.10 |
| Upside Target | 349.45 |
| Upside Target | 350.95 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 331.08 |
| Downside Intraday Target | 316.57 |
| Upside Intraday Target | 355.53 |
| Upside Intraday Target | 365.47 |
| Downside Intraday Target | 341.02 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 345.60 | 331.70 | 350.95 | 326.50 | 0.984 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 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 |
| 21 Fri Jun 2024 | 345.60 | 315.00 | 350.95 | 270.00 | 0.574 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong 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 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 339.5 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong 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 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 339.5 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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