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(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 2024-09-06 View latest technical analysis

10 day averaged volume of Biocon is 205890

Date Daily Closing Price Open High Low Volume
06 Fri Sep 2024 374.00 386.50 386.50 369.30 1.485 times
05 Thu Sep 2024 382.80 385.00 394.40 381.00 2.791 times
04 Wed Sep 2024 379.30 360.60 383.50 355.50 1.757 times
03 Tue Sep 2024 361.55 363.90 366.40 361.05 0.406 times
02 Mon Sep 2024 363.20 367.50 368.00 359.00 1.222 times
30 Fri Aug 2024 359.30 350.65 362.80 350.65 0.58 times
29 Thu Aug 2024 355.25 363.50 364.60 350.05 1.373 times
28 Wed Aug 2024 356.90 356.00 363.65 353.30 0.718 times
27 Tue Aug 2024 352.70 354.10 356.25 351.65 0.253 times
26 Mon Aug 2024 353.05 351.10 355.75 351.10 0.533 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 367.6, but if it comes below 367.6, then a intra day sell could be more profitable.
If you take a sell trade below 367.6, then use 367.6 as stoploss and 353.61 as target. However if you take a buy trade in stock , then use 367.6 as stoploss and 384.5 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 270.00
Downside Target 292.55
Downside Target 320.50
Downside Target 330.95
Downside Target 341.00
Downside Target 350.05
Downside Target 355.50
Downside Target 359.00
Downside Target 364.60
Downside Target 370.25
Upside Target 376.75
Upside Target 394.40

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 354.87
Downside Intraday Target 335.73
Upside Intraday Target 393.77
Upside Intraday Target 413.53
Upside Intraday Target 374.63

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
06 Fri Sep 2024 374.00 367.50 394.40 355.50 2.216 times
30 Fri Aug 2024 359.30 351.10 364.60 350.05 1.334 times
23 Fri Aug 2024 351.65 343.15 359.00 341.00 1.099 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Biocon (Biocon)

Date Monthly Closing Price Open High Low Volume
06 Fri Sep 2024 374.00 367.50 394.40 355.50 0.46 times
30 Fri Aug 2024 359.30 361.30 370.25 323.55 0.924 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Biocon ( (Biocon) ) based on a short 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.

Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.

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 369.73 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 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 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.

Price action analysis of Biocon ( (Biocon) ) based on a short 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.

Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.

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 369.73 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Biocon charts

Click here for further forecast and predictions for tomorrow

Daily charts

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