(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 2024-11-06 View latest technical analysis
10 day averaged volume of Biocon is 212882
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 322.75 | 317.25 | 324.75 | 315.75 | 0.363 times |
| 05 Tue Nov 2024 | 315.65 | 310.50 | 316.75 | 309.15 | 1.285 times |
| 04 Mon Nov 2024 | 311.00 | 317.05 | 317.05 | 306.20 | 1.938 times |
| 01 Fri Nov 2024 | 317.90 | 314.55 | 318.95 | 314.55 | 0.227 times |
| 31 Thu Oct 2024 | 316.15 | 301.65 | 323.25 | 301.65 | 2.506 times |
| 30 Wed Oct 2024 | 320.80 | 325.90 | 327.40 | 319.05 | 1.366 times |
| 29 Tue Oct 2024 | 326.85 | 324.70 | 328.05 | 316.00 | 0.375 times |
| 28 Mon Oct 2024 | 323.30 | 314.00 | 325.70 | 313.30 | 0.759 times |
| 25 Fri Oct 2024 | 312.55 | 324.45 | 324.50 | 304.80 | 0.621 times |
| 24 Thu Oct 2024 | 322.25 | 325.75 | 328.75 | 320.10 | 0.588 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 316.9 as stoploss in an intra day buy trade for a target of 329.65. However, stock will show a bearish move below 316.9.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 301.65 |
| Downside Target | 320.50 |
| Upside Target | 334.80 |
| Upside Target | 343.15 |
| Upside Target | 351.10 |
| Upside Target | 352.30 |
| Upside Target | 353.30 |
| 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 | 311.05 |
| Downside Intraday Target | 299.35 |
| Upside Intraday Target | 329.6 |
| Upside Intraday Target | 336.45 |
| Downside Intraday Target | 317.9 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 322.75 | 317.05 | 324.75 | 306.20 | 0.685 times |
| 01 Fri Nov 2024 | 317.90 | 314.00 | 328.05 | 301.65 | 2.411 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 |
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 |
| 06 Wed Nov 2024 | 322.75 | 314.55 | 324.75 | 306.20 | 0.297 times |
| 31 Thu Oct 2024 | 316.15 | 363.00 | 371.85 | 301.65 | 0.493 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 |
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 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 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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 317.08 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 317.08 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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