(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 2024-08-20 View latest technical analysis
10 day averaged volume of Biocon is 191318
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 346.65 | 346.05 | 350.80 | 343.45 | 0.845 times |
| 19 Mon Aug 2024 | 344.80 | 343.15 | 347.20 | 341.00 | 0.419 times |
| 16 Fri Aug 2024 | 340.65 | 332.00 | 341.75 | 328.25 | 0.597 times |
| 14 Wed Aug 2024 | 327.55 | 337.00 | 337.65 | 323.55 | 0.735 times |
| 13 Tue Aug 2024 | 337.00 | 337.70 | 342.00 | 334.05 | 0.606 times |
| 12 Mon Aug 2024 | 337.75 | 330.00 | 341.80 | 330.00 | 0.599 times |
| 09 Fri Aug 2024 | 336.65 | 338.75 | 344.00 | 332.90 | 2.592 times |
| 08 Thu Aug 2024 | 339.20 | 347.00 | 349.55 | 337.00 | 0.919 times |
| 07 Wed Aug 2024 | 347.00 | 339.05 | 348.10 | 335.80 | 0.887 times |
| 06 Tue Aug 2024 | 334.60 | 339.15 | 349.25 | 332.05 | 0.986 times |
My analysis of stock is bearish for shortterm, and stock might move down till 335.9 or till 322.4. Use a stoploss of 347.09 and if the stock hits stoploss, then it can shoot up till 358.32
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 |
| Downside Target | 341.00 |
| Upside Target | 350.80 |
| Upside Target | 352.65 |
| Upside Target | 354.90 |
| Upside Target | 370.25 |
| Upside Target | 370.30 |
| Upside Target | 376.75 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 341.5 |
| Downside Intraday Target | 336.35 |
| Upside Intraday Target | 351.3 |
| Upside Intraday Target | 355.95 |
| Downside Intraday Target | 346.15 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 346.65 | 343.15 | 350.80 | 341.00 | 0.498 times |
| 16 Fri Aug 2024 | 340.65 | 330.00 | 342.00 | 323.55 | 0.36 times |
| 09 Fri Aug 2024 | 336.65 | 337.10 | 352.65 | 332.05 | 1.88 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 |
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 |
| 20 Tue Aug 2024 | 346.65 | 361.30 | 370.25 | 323.55 | 0.654 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 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 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 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 losing momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 338.6 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 338.6 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow