(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 2024-03-01 View latest technical analysis
10 day averaged volume of Biocon is 994053
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 273.85 | 276.45 | 282.15 | 272.60 | 0.378 times |
| 29 Thu Feb 2024 | 276.50 | 273.95 | 277.60 | 267.55 | 5.392 times |
| 28 Wed Feb 2024 | 270.95 | 276.95 | 281.35 | 270.25 | 0.297 times |
| 27 Tue Feb 2024 | 275.65 | 273.50 | 282.00 | 273.35 | 0.498 times |
| 26 Mon Feb 2024 | 273.00 | 275.45 | 275.85 | 269.15 | 0.299 times |
| 23 Fri Feb 2024 | 273.15 | 272.35 | 274.90 | 270.00 | 0.315 times |
| 22 Thu Feb 2024 | 271.10 | 275.35 | 275.75 | 268.05 | 0.288 times |
| 21 Wed Feb 2024 | 274.00 | 281.90 | 283.60 | 272.80 | 0.383 times |
| 20 Tue Feb 2024 | 281.50 | 287.15 | 289.40 | 279.85 | 0.408 times |
| 19 Mon Feb 2024 | 290.75 | 287.40 | 302.95 | 287.20 | 1.371 times |
My analysis of stock is bearish for shortterm, and stock might move down till 269.5 or till 259.4. Use a stoploss of 277.97 and if the stock hits stoploss, then it can shoot up till 286.43
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 218.35 |
| Downside Target | 236.80 |
| Downside Target | 249.50 |
| Downside Target | 256.50 |
| Downside Target | 267.55 |
| Upside Target | 280.65 |
| Upside Target | 282.15 |
| Upside Target | 289.50 |
| Upside Target | 294.65 |
| Upside Target | 302.95 |
| Upside Target | 307.00 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 266.88 |
| Downside Intraday Target | 259.92 |
| Upside Intraday Target | 281.48 |
| Upside Intraday Target | 289.12 |
| Upside Intraday Target | 274.52 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 273.85 | 275.45 | 282.15 | 267.55 | 2.482 times |
| 23 Fri Feb 2024 | 273.15 | 287.40 | 302.95 | 268.05 | 1.365 times |
| 16 Fri Feb 2024 | 287.15 | 277.55 | 289.50 | 261.00 | 0.575 times |
| 09 Fri Feb 2024 | 273.60 | 276.35 | 307.00 | 271.50 | 2.815 times |
| 02 Fri Feb 2024 | 274.70 | 260.85 | 280.65 | 256.50 | 1.53 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Biocon (Biocon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 273.85 | 276.45 | 282.15 | 272.60 | 0.025 times |
| 29 Thu Feb 2024 | 276.50 | 268.50 | 307.00 | 261.00 | 1.701 times |
| 31 Wed Jan 2024 | 268.50 | 250.00 | 294.65 | 249.50 | 1.778 times |
| 29 Fri Dec 2023 | 249.75 | 240.05 | 257.65 | 236.80 | 1.55 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 277.94 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 277.94 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 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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