(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 2024-08-05 View latest technical analysis
10 day averaged volume of Biocon is 177592
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 340.80 | 337.10 | 352.65 | 333.70 | 1.789 times |
| 02 Fri Aug 2024 | 356.20 | 351.85 | 362.05 | 348.05 | 0.487 times |
| 01 Thu Aug 2024 | 354.65 | 361.30 | 370.25 | 353.50 | 1.491 times |
| 31 Wed Jul 2024 | 362.35 | 359.00 | 366.75 | 359.00 | 0.279 times |
| 30 Tue Jul 2024 | 359.40 | 360.05 | 364.60 | 358.60 | 0.229 times |
| 29 Mon Jul 2024 | 361.75 | 368.65 | 370.30 | 359.65 | 1.55 times |
| 26 Fri Jul 2024 | 368.60 | 365.05 | 376.75 | 364.05 | 1.679 times |
| 25 Thu Jul 2024 | 361.70 | 347.30 | 364.00 | 342.25 | 2.582 times |
| 24 Wed Jul 2024 | 348.40 | 339.60 | 349.00 | 336.50 | 0.712 times |
| 23 Tue Jul 2024 | 336.10 | 341.00 | 341.00 | 320.50 | 0.676 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 343.2, but if it comes above 343.2, then a intra day buy could be more profitable.
If you take a sell trade below 343.2, then use 343.2 as stoploss and 330.9 as target. However if you take a buy trade in stock , then use 343.2 as stoploss and 353.38 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 260.00 |
| Downside Target | 270.00 |
| Downside Target | 292.55 |
| Downside Target | 314.60 |
| Downside Target | 330.95 |
| Upside Target | 348.05 |
| Upside Target | 354.90 |
| Upside Target | 361.25 |
| Upside Target | 370.25 |
| Upside Target | 370.30 |
| Upside Target | 374.40 |
| Upside Target | 376.75 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 332.12 |
| Downside Intraday Target | 323.43 |
| Upside Intraday Target | 351.07 |
| Upside Intraday Target | 361.33 |
| Upside Intraday Target | 342.38 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 340.80 | 337.10 | 352.65 | 333.70 | 0.443 times |
| 02 Fri Aug 2024 | 356.20 | 368.65 | 370.30 | 348.05 | 0.677 times |
| 26 Fri Jul 2024 | 368.60 | 334.15 | 376.75 | 320.50 | 2.077 times |
| 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 |
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 |
| 05 Mon Aug 2024 | 340.80 | 361.30 | 370.25 | 333.70 | 0.18 times |
| 31 Wed Jul 2024 | 362.35 | 353.55 | 376.75 | 320.50 | 0.469 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 |
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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 SELL signal in short term and selling is picking up 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 355.95 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 SELL signal in short term and selling is picking up 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 355.95 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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