(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.
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