(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 2024-07-19 View latest technical analysis
10 day averaged volume of Biocon is 153130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 335.00 | 343.65 | 344.15 | 334.05 | 0.504 times |
| 18 Thu Jul 2024 | 343.00 | 351.10 | 353.15 | 340.85 | 1.659 times |
| 16 Tue Jul 2024 | 353.45 | 359.95 | 360.25 | 352.65 | 0.405 times |
| 15 Mon Jul 2024 | 358.90 | 348.50 | 361.25 | 348.50 | 0.763 times |
| 12 Fri Jul 2024 | 350.40 | 355.95 | 355.95 | 349.20 | 0.578 times |
| 11 Thu Jul 2024 | 354.35 | 359.30 | 359.60 | 351.65 | 0.338 times |
| 10 Wed Jul 2024 | 357.70 | 367.25 | 367.25 | 350.95 | 0.683 times |
| 09 Tue Jul 2024 | 362.85 | 368.00 | 369.00 | 360.85 | 1.08 times |
| 08 Mon Jul 2024 | 366.70 | 374.40 | 374.40 | 365.55 | 1.674 times |
| 05 Fri Jul 2024 | 370.25 | 361.95 | 371.50 | 360.10 | 1.466 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 333.8, for a target of 344.5 or 353.44
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 | 325.62 |
| Downside Intraday Target | 316.23 |
| Upside Intraday Target | 352.82 |
| Upside Intraday Target | 370.63 |
| Upside Intraday Target | 343.43 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 335.00 | 348.50 | 361.25 | 334.05 | 0.765 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 |
| 19 Fri Jul 2024 | 335.00 | 353.55 | 374.40 | 334.05 | 0.289 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 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 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 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 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 Strong 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 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 357.38 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 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 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 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 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 Strong 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 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 357.38 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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