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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 2024-09-30 View latest technical analysis

10 day averaged volume of Biocon is 241414

Date Daily Closing Price Open High Low Volume
30 Mon Sep 2024 363.05 366.85 369.00 361.50 0.692 times
27 Fri Sep 2024 368.70 376.35 378.60 368.00 0.489 times
26 Thu Sep 2024 372.50 372.00 374.60 368.50 0.477 times
25 Wed Sep 2024 371.35 378.05 381.85 368.75 0.6 times
24 Tue Sep 2024 375.25 370.40 377.80 366.25 0.991 times
23 Mon Sep 2024 370.40 365.95 372.70 363.70 1.028 times
20 Fri Sep 2024 365.60 361.00 367.00 360.60 0.519 times
19 Thu Sep 2024 360.75 364.35 368.85 351.10 2.573 times
18 Wed Sep 2024 363.65 376.00 376.00 359.90 1.124 times
17 Tue Sep 2024 375.50 394.45 395.65 374.25 1.121 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 365.6, but if it comes above 365.6, then a intra day buy could be more profitable.
If you take a sell trade below 365.6, then use 365.6 as stoploss and 355.6 as target. However if you take a buy trade in stock , then use 365.6 as stoploss and 373.96 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 351.10
Upside Target 370.25
Upside Target 376.75
Upside Target 381.85
Upside Target 394.40
Upside Target 394.90
Upside Target 395.65

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 360.03
Downside Intraday Target 357.02
Upside Intraday Target 367.53
Upside Intraday Target 372.02
Upside Intraday Target 364.52

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
30 Mon Sep 2024 363.05 366.85 369.00 361.50 0.193 times
27 Fri Sep 2024 368.70 365.95 381.85 363.70 0.559 times
20 Fri Sep 2024 365.60 382.90 395.65 351.10 1.114 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

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
30 Mon Sep 2024 363.05 367.50 395.65 351.10 1.618 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, and volume has increased substantially. This means that the move can 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term but selling 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 367.41 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term but selling 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 367.41 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 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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