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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 2024-09-16 View latest technical analysis

10 day averaged volume of Biocon is 296720

Date Daily Closing Price Open High Low Volume
16 Mon Sep 2024 390.75 382.90 394.95 380.50 0.876 times
13 Fri Sep 2024 378.80 379.50 383.80 372.45 0.434 times
12 Thu Sep 2024 376.55 387.45 394.10 374.80 1.015 times
11 Wed Sep 2024 385.40 390.00 394.90 382.85 1.334 times
10 Tue Sep 2024 386.30 383.20 389.60 378.30 0.72 times
09 Mon Sep 2024 377.05 372.80 379.70 365.95 1.182 times
06 Fri Sep 2024 374.00 386.50 386.50 369.30 1.03 times
05 Thu Sep 2024 382.80 385.00 394.40 381.00 1.936 times
04 Wed Sep 2024 379.30 360.60 383.50 355.50 1.219 times
03 Tue Sep 2024 361.55 363.90 366.40 361.05 0.282 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 380.7, but if it comes below 380.7, then a intra day sell could be more profitable.
If you take a sell trade below 380.7, then use 380.7 as stoploss and 367.13 as target. However if you take a buy trade in stock , then use 380.7 as stoploss and 397.1 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 370.25
Downside Target 376.75
Downside Target 380.50
Upside Target 394.40
Upside Target 394.90
Upside Target 394.95

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 382.52
Downside Intraday Target 374.28
Upside Intraday Target 396.97
Upside Intraday Target 403.18
Downside Intraday Target 388.73

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
16 Mon Sep 2024 390.75 382.90 394.95 380.50 0.187 times
13 Fri Sep 2024 378.80 372.80 394.90 365.95 0.881 times
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

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
16 Mon Sep 2024 390.75 367.50 394.95 355.50 0.941 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 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 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 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 gaining 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 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 green color and prices are above the green 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 and the buying is gaining 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 380.68 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 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 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 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 gaining 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 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 green color and prices are above the green 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 and the buying is gaining 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 380.68 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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