(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 2024-12-24 View latest technical analysis
10 day averaged volume of Biocon is 58310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 344.80 | 332.80 | 347.35 | 332.20 | 4.154 times |
| 23 Mon Dec 2024 | 329.55 | 341.80 | 341.80 | 329.00 | 1.167 times |
| 20 Fri Dec 2024 | 335.95 | 350.00 | 350.85 | 335.30 | 1.236 times |
| 19 Thu Dec 2024 | 350.35 | 342.90 | 351.50 | 342.65 | 0.955 times |
| 18 Wed Dec 2024 | 347.95 | 350.90 | 357.45 | 346.50 | 1.021 times |
| 17 Tue Dec 2024 | 350.85 | 353.60 | 355.05 | 349.50 | 0.935 times |
| 16 Mon Dec 2024 | 353.65 | 358.05 | 359.00 | 350.90 | 1.071 times |
| 13 Fri Dec 2024 | 352.70 | 356.70 | 356.70 | 346.90 | 1.027 times |
| 12 Thu Dec 2024 | 356.30 | 370.95 | 370.95 | 355.40 | 1.206 times |
| 11 Wed Dec 2024 | 367.80 | 368.50 | 372.10 | 366.90 | 0.477 times |
Stock of Biocon (Biocon) has showed a significant upmove. This could be a good time to enter in 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 346.1, but if it comes above 346.1, then a intra day buy could be more profitable.
If you take a sell trade below 346.1, then use 346.1 as stoploss and 329.4 as target. However if you take a buy trade in stock , then use 346.1 as stoploss and 360.01 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 301.65 |
| Downside Target | 323.55 |
| Upside Target | 346.90 |
| Upside Target | 359.00 |
| Upside Target | 368.00 |
| Upside Target | 368.15 |
| Upside Target | 370.25 |
| Upside Target | 371.85 |
| Upside Target | 380.10 |
| Upside Target | 381.35 |
| Upside Target | 395.65 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 333.42 |
| Downside Intraday Target | 322.03 |
| Upside Intraday Target | 351.77 |
| Upside Intraday Target | 358.73 |
| Downside Intraday Target | 340.38 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 344.80 | 341.80 | 347.35 | 329.00 | 1.02 times |
| 20 Fri Dec 2024 | 335.95 | 358.05 | 359.00 | 335.30 | 0.771 times |
| 13 Fri Dec 2024 | 352.70 | 370.05 | 380.10 | 346.90 | 0.464 times |
| 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 |
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 |
| 24 Tue Dec 2024 | 344.80 | 375.05 | 381.35 | 329.00 | 0.486 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 346.9 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 346.9 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 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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