(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.
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