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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 2024-10-23 View latest technical analysis

10 day averaged volume of Biocon is 87126

Date Daily Closing Price Open High Low Volume
23 Wed Oct 2024 325.30 323.05 333.45 322.35 0.82 times
22 Tue Oct 2024 325.55 337.30 340.00 324.60 0.678 times
21 Mon Oct 2024 337.30 340.10 343.15 335.65 0.85 times
18 Fri Oct 2024 339.75 335.00 342.50 332.40 2.37 times
17 Thu Oct 2024 339.10 346.70 347.05 337.90 0.87 times
16 Wed Oct 2024 346.20 350.50 353.00 343.35 1.275 times
15 Tue Oct 2024 352.40 347.95 353.30 346.50 0.767 times
14 Mon Oct 2024 346.45 346.00 348.45 343.50 0.419 times
11 Fri Oct 2024 345.95 345.75 349.50 345.00 0.566 times
10 Thu Oct 2024 345.75 348.25 351.95 345.00 0.778 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 335.8, but if it comes above 335.8, then a intra day buy could be more profitable.
If you take a sell trade below 335.8, then use 335.8 as stoploss and 318 as target. However if you take a buy trade in stock , then use 335.8 as stoploss and 350.59 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 270.00
Downside Target 320.50
Upside Target 332.40
Upside Target 343.15
Upside Target 351.10
Upside Target 363.70
Upside Target 370.25
Upside Target 371.85
Upside Target 376.75
Upside Target 381.85
Upside Target 395.65

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 317.38
Downside Intraday Target 309.47
Upside Intraday Target 338.18
Upside Intraday Target 351.07
Upside Intraday Target 330.27

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
23 Wed Oct 2024 325.30 340.10 343.15 322.35 0.412 times
18 Fri Oct 2024 339.75 346.00 353.30 332.40 1.004 times
11 Fri Oct 2024 345.95 346.20 352.30 334.80 1.29 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

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
23 Wed Oct 2024 325.30 363.00 371.85 322.35 0.255 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 340.26 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 340.26 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.

Click here for Biocon charts

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Daily charts

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