(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 2024-07-18 View latest technical analysis
10 day averaged volume of Biocon is 154841
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 343.00 | 351.10 | 353.15 | 340.85 | 1.641 times |
| 16 Tue Jul 2024 | 353.45 | 359.95 | 360.25 | 352.65 | 0.4 times |
| 15 Mon Jul 2024 | 358.90 | 348.50 | 361.25 | 348.50 | 0.755 times |
| 12 Fri Jul 2024 | 350.40 | 355.95 | 355.95 | 349.20 | 0.572 times |
| 11 Thu Jul 2024 | 354.35 | 359.30 | 359.60 | 351.65 | 0.334 times |
| 10 Wed Jul 2024 | 357.70 | 367.25 | 367.25 | 350.95 | 0.676 times |
| 09 Tue Jul 2024 | 362.85 | 368.00 | 369.00 | 360.85 | 1.068 times |
| 08 Mon Jul 2024 | 366.70 | 374.40 | 374.40 | 365.55 | 1.655 times |
| 05 Fri Jul 2024 | 370.25 | 361.95 | 371.50 | 360.10 | 1.45 times |
| 04 Thu Jul 2024 | 361.10 | 364.90 | 367.25 | 355.80 | 1.339 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 345.6, but if it comes above 345.6, then a intra day buy could be more profitable.
If you take a sell trade below 345.6, then use 345.6 as stoploss and 335.8 as target. However if you take a buy trade in stock , then use 345.6 as stoploss and 353.85 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 | 314.60 |
| Downside Target | 326.50 |
| Upside Target | 348.45 |
| Upside Target | 354.90 |
| Upside Target | 361.25 |
| Upside Target | 371.50 |
| Upside Target | 374.40 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 335.48 |
| Downside Intraday Target | 327.97 |
| Upside Intraday Target | 355.88 |
| Upside Intraday Target | 368.77 |
| Upside Intraday Target | 348.37 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 343.00 | 348.50 | 361.25 | 340.85 | 0.649 times |
| 12 Fri Jul 2024 | 350.40 | 374.40 | 374.40 | 349.20 | 0.6 times |
| 05 Fri Jul 2024 | 370.25 | 353.55 | 371.50 | 348.45 | 0.738 times |
| 28 Fri Jun 2024 | 351.00 | 346.45 | 354.90 | 336.15 | 1.068 times |
| 21 Fri Jun 2024 | 345.60 | 331.70 | 350.95 | 326.50 | 0.984 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 Thu Jul 2024 | 343.00 | 353.55 | 374.40 | 340.85 | 0.279 times |
| 28 Fri Jun 2024 | 351.00 | 315.00 | 354.90 | 270.00 | 0.708 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 to mid 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 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 gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term and SELL 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 359.01 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock has given negative 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 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 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 to mid 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 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 gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term and SELL 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 359.01 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock has given negative 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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