(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 2024-08-08 View latest technical analysis
10 day averaged volume of Biocon is 214947
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 339.20 | 347.00 | 349.55 | 337.00 | 0.818 times |
| 07 Wed Aug 2024 | 347.00 | 339.05 | 348.10 | 335.80 | 0.789 times |
| 06 Tue Aug 2024 | 334.60 | 339.15 | 349.25 | 332.05 | 0.878 times |
| 05 Mon Aug 2024 | 340.80 | 337.10 | 352.65 | 333.70 | 1.478 times |
| 02 Fri Aug 2024 | 356.20 | 351.85 | 362.05 | 348.05 | 0.402 times |
| 01 Thu Aug 2024 | 354.65 | 361.30 | 370.25 | 353.50 | 1.232 times |
| 31 Wed Jul 2024 | 362.35 | 359.00 | 366.75 | 359.00 | 0.231 times |
| 30 Tue Jul 2024 | 359.40 | 360.05 | 364.60 | 358.60 | 0.189 times |
| 29 Mon Jul 2024 | 361.75 | 368.65 | 370.30 | 359.65 | 1.281 times |
| 26 Fri Jul 2024 | 368.60 | 365.05 | 376.75 | 364.05 | 1.388 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 339.6, but if it comes above 339.6, then a intra day buy could be more profitable.
If you take a sell trade below 339.6, then use 339.6 as stoploss and 327.1 as target. However if you take a buy trade in stock , then use 339.6 as stoploss and 350.05 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 | 329.95 |
| Downside Intraday Target | 320.7 |
| Upside Intraday Target | 350.55 |
| Upside Intraday Target | 361.9 |
| Upside Intraday Target | 341.3 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 339.20 | 337.10 | 352.65 | 332.05 | 1.189 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 |
| 08 Thu Aug 2024 | 339.20 | 361.30 | 370.25 | 332.05 | 0.324 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing 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
Although the stock is in the BUY zone, but buying 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 351.77 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing 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
Although the stock is in the BUY zone, but buying 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 351.77 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 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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