(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 2024-10-09 View latest technical analysis
10 day averaged volume of Biocon is 150215
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 347.10 | 346.05 | 352.30 | 343.50 | 0.828 times |
| 08 Tue Oct 2024 | 342.95 | 339.85 | 345.20 | 336.00 | 0.535 times |
| 07 Mon Oct 2024 | 339.85 | 346.20 | 349.50 | 334.80 | 1.15 times |
| 03 Thu Oct 2024 | 356.95 | 362.95 | 369.25 | 352.90 | 0.935 times |
| 01 Tue Oct 2024 | 370.40 | 363.00 | 371.85 | 361.20 | 0.506 times |
| 30 Mon Sep 2024 | 363.05 | 366.85 | 369.00 | 361.50 | 1.112 times |
| 27 Fri Sep 2024 | 368.70 | 376.35 | 378.60 | 368.00 | 0.786 times |
| 26 Thu Sep 2024 | 372.50 | 372.00 | 374.60 | 368.50 | 0.767 times |
| 25 Wed Sep 2024 | 371.35 | 378.05 | 381.85 | 368.75 | 0.965 times |
| 24 Tue Sep 2024 | 375.25 | 370.40 | 377.80 | 366.25 | 1.592 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 354.7, but if it comes above 354.7, then a intra day buy could be more profitable.
If you take a sell trade below 354.7, then use 354.7 as stoploss and 338.7 as target. However if you take a buy trade in stock , then use 354.7 as stoploss and 368.09 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 270.00 |
| Downside Target | 320.50 |
| Downside Target | 334.80 |
| Upside Target | 351.10 |
| Upside Target | 363.70 |
| Upside Target | 371.85 |
| Upside Target | 376.75 |
| Upside Target | 381.85 |
| Upside Target | 394.90 |
| Upside Target | 395.65 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 337.17 |
| Downside Intraday Target | 327.23 |
| Upside Intraday Target | 354.67 |
| Upside Intraday Target | 362.23 |
| Downside Intraday Target | 344.73 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 347.10 | 346.20 | 352.30 | 334.80 | 0.984 times |
| 03 Thu Oct 2024 | 356.95 | 366.85 | 371.85 | 352.90 | 0.443 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 |
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 |
| 09 Wed Oct 2024 | 347.10 | 363.00 | 371.85 | 334.80 | 0.107 times |
| 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 |
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 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 short 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 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 neutral. A longer time frame might give a better analysis.
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.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 361.58 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 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 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 short 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 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 neutral. A longer time frame might give a better analysis.
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.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 361.58 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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