(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 2024-11-11 View latest technical analysis
10 day averaged volume of Biocon is 222635
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 348.85 | 326.00 | 350.80 | 326.00 | 3.234 times |
| 08 Fri Nov 2024 | 321.25 | 328.05 | 331.95 | 319.55 | 0.528 times |
| 07 Thu Nov 2024 | 328.15 | 326.00 | 329.70 | 321.80 | 1.04 times |
| 06 Wed Nov 2024 | 322.75 | 317.25 | 324.75 | 315.75 | 0.347 times |
| 05 Tue Nov 2024 | 315.65 | 310.50 | 316.75 | 309.15 | 1.229 times |
| 04 Mon Nov 2024 | 311.00 | 317.05 | 317.05 | 306.20 | 1.854 times |
| 01 Fri Nov 2024 | 317.90 | 314.55 | 318.95 | 314.55 | 0.217 times |
| 31 Thu Oct 2024 | 316.15 | 301.65 | 323.25 | 301.65 | 2.396 times |
| 30 Wed Oct 2024 | 320.80 | 325.90 | 327.40 | 319.05 | 1.306 times |
| 29 Tue Oct 2024 | 326.85 | 324.70 | 328.05 | 316.00 | 0.359 times |
Stock of Biocon (Biocon) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 353.8, for a target of 339.5 or 327.65
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 301.65 |
| Downside Target | 320.50 |
| Downside Target | 343.15 |
| Upside Target | 350.80 |
| Upside Target | 351.10 |
| 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 | 332.97 |
| Downside Intraday Target | 317.08 |
| Upside Intraday Target | 357.77 |
| Upside Intraday Target | 366.68 |
| Downside Intraday Target | 341.88 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 348.85 | 326.00 | 350.80 | 326.00 | 0.647 times |
| 08 Fri Nov 2024 | 321.25 | 317.05 | 331.95 | 306.20 | 0.999 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 |
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 |
| 11 Mon Nov 2024 | 348.85 | 314.55 | 350.80 | 306.20 | 0.688 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 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.
Price action analysis of Biocon ( (Biocon) ) based on a short 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.
Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 326.01 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Biocon ( (Biocon) ) based on a short 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.
Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 326.01 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock is giving positive 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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