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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 2024-10-30 View latest technical analysis

10 day averaged volume of Biocon is 109676

Date Daily Closing Price Open High Low Volume
30 Wed Oct 2024 320.80 325.90 327.40 319.05 2.651 times
29 Tue Oct 2024 326.85 324.70 328.05 316.00 0.728 times
28 Mon Oct 2024 323.30 314.00 325.70 313.30 1.473 times
25 Fri Oct 2024 312.55 324.45 324.50 304.80 1.206 times
24 Thu Oct 2024 322.25 325.75 328.75 320.10 1.141 times
23 Wed Oct 2024 325.30 323.05 333.45 322.35 0.651 times
22 Tue Oct 2024 325.55 337.30 340.00 324.60 0.539 times
21 Mon Oct 2024 337.30 340.10 343.15 335.65 0.675 times
18 Fri Oct 2024 339.75 335.00 342.50 332.40 1.883 times
17 Thu Oct 2024 339.10 346.70 347.05 337.90 0.691 times

Stock of Biocon (Biocon) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 324.5, but if it comes above 324.5, then a intra day buy could be more profitable.
If you take a sell trade below 324.5, then use 324.5 as stoploss and 307.9 as target. However if you take a buy trade in stock , then use 324.5 as stoploss and 338.34 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 270.00
Downside Target 304.80
Downside Target 313.30
Downside Target 320.50
Upside Target 343.15
Upside Target 351.10
Upside Target 353.30
Upside Target 354.90
Upside Target 370.25
Upside Target 371.85
Upside Target 376.75
Upside Target 395.65

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 313.38
Downside Intraday Target 305.97
Upside Intraday Target 328.13
Upside Intraday Target 335.47
Downside Intraday Target 320.72

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
30 Wed Oct 2024 320.80 314.00 328.05 313.30 1.152 times
25 Fri Oct 2024 312.55 340.10 343.15 304.80 0.93 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

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
30 Wed Oct 2024 320.80 363.00 371.85 304.80 0.397 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Biocon in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

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 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 326.36 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Biocon in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

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 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 326.36 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

Click here for further forecast and predictions for tomorrow

Daily charts

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