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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 2024-12-06 View latest technical analysis

10 day averaged volume of Biocon is 170423

Date Daily Closing Price Open High Low Volume
06 Fri Dec 2024 379.90 377.60 381.35 372.70 0.392 times
05 Thu Dec 2024 374.90 379.75 381.20 372.50 0.679 times
04 Wed Dec 2024 379.75 373.05 380.85 368.95 1.325 times
03 Tue Dec 2024 373.85 374.90 377.00 372.55 0.682 times
02 Mon Dec 2024 375.60 375.05 380.00 368.00 1.914 times
29 Fri Nov 2024 364.80 364.65 368.15 361.90 0.713 times
28 Thu Nov 2024 363.80 359.35 366.50 358.30 1.311 times
27 Wed Nov 2024 359.20 353.05 360.00 349.20 1.608 times
26 Tue Nov 2024 352.80 337.95 355.25 336.50 1.138 times
25 Mon Nov 2024 336.25 337.20 338.90 333.65 0.275 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 369.5, but if it comes below 369.5, then a intra day sell could be more profitable.
If you take a sell trade below 369.5, then use 369.5 as stoploss and 349.04 as target. However if you take a buy trade in stock , then use 369.5 as stoploss and 394 as target.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 301.65
Downside Target 319.50
Downside Target 351.10
Downside Target 368.00
Downside Target 368.15
Downside Target 370.25
Downside Target 371.85
Upside Target 381.35
Upside Target 395.65

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 371.48
Downside Intraday Target 363.07
Upside Intraday Target 384.83
Upside Intraday Target 389.77
Downside Intraday Target 376.42

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
06 Fri Dec 2024 379.90 375.05 381.35 368.00 0.989 times
29 Fri Nov 2024 364.80 337.20 368.15 333.65 2.42 times
22 Fri Nov 2024 331.20 336.05 337.90 319.50 0.245 times
14 Thu Nov 2024 336.05 326.00 353.40 326.00 1.304 times
08 Fri Nov 2024 321.25 317.05 331.95 306.20 0.999 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 Fri Dec 2024 379.90 375.05 381.35 368.00 0.222 times
29 Fri Nov 2024 364.80 314.55 368.15 306.20 1.399 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

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 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 mid to longer 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.

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

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

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 green color and prices are above the green 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 but buying 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 367.55 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 positive

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 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 mid to longer 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.

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

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

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 green color and prices are above the green 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 but buying 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 367.55 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 positive

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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