(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 2024-03-04 View latest technical analysis
10 day averaged volume of Biocon is 822586
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 278.75 | 277.45 | 287.25 | 275.85 | 0.476 times |
| 02 Sat Mar 2024 | 276.85 | 277.95 | 278.25 | 275.00 | 0.021 times |
| 01 Fri Mar 2024 | 273.85 | 276.45 | 282.15 | 272.60 | 0.457 times |
| 29 Thu Feb 2024 | 276.50 | 273.95 | 277.60 | 267.55 | 6.515 times |
| 28 Wed Feb 2024 | 270.95 | 276.95 | 281.35 | 270.25 | 0.359 times |
| 27 Tue Feb 2024 | 275.65 | 273.50 | 282.00 | 273.35 | 0.602 times |
| 26 Mon Feb 2024 | 273.00 | 275.45 | 275.85 | 269.15 | 0.362 times |
| 23 Fri Feb 2024 | 273.15 | 272.35 | 274.90 | 270.00 | 0.381 times |
| 22 Thu Feb 2024 | 271.10 | 275.35 | 275.75 | 268.05 | 0.348 times |
| 21 Wed Feb 2024 | 274.00 | 281.90 | 283.60 | 272.80 | 0.463 times |
My analysis of stock is bullish for shortterm, and stock might move up till 283.4 or till 291.5. Use a stoploss of 276.58 and if this stock hits its stoploss, then it can fall down till 269.81
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 218.35 |
| Downside Target | 236.80 |
| Downside Target | 249.50 |
| Downside Target | 257.65 |
| Downside Target | 267.55 |
| Upside Target | 282.15 |
| Upside Target | 287.25 |
| 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 | 273.98 |
| Downside Intraday Target | 269.22 |
| Upside Intraday Target | 285.38 |
| Upside Intraday Target | 292.02 |
| Upside Intraday Target | 280.62 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 278.75 | 277.45 | 287.25 | 275.85 | 0.057 times |
| 02 Sat Mar 2024 | 276.85 | 275.45 | 282.15 | 267.55 | 2.488 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 |
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 |
| 04 Mon Mar 2024 | 278.75 | 276.45 | 287.25 | 272.60 | 0.052 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 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 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 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 SELL signal for Biocon in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 275.68 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 SELL signal for Biocon in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 275.68 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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