(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 2024-03-07 View latest technical analysis
10 day averaged volume of Biocon is 827463
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 281.85 | 275.05 | 285.25 | 275.05 | 0.227 times |
| 06 Wed Mar 2024 | 274.45 | 279.35 | 280.60 | 269.35 | 0.403 times |
| 05 Tue Mar 2024 | 280.10 | 279.35 | 282.65 | 277.15 | 0.479 times |
| 04 Mon Mar 2024 | 278.75 | 277.45 | 287.25 | 275.85 | 0.473 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 | 0.454 times |
| 29 Thu Feb 2024 | 276.50 | 273.95 | 277.60 | 267.55 | 6.477 times |
| 28 Wed Feb 2024 | 270.95 | 276.95 | 281.35 | 270.25 | 0.357 times |
| 27 Tue Feb 2024 | 275.65 | 273.50 | 282.00 | 273.35 | 0.599 times |
| 26 Mon Feb 2024 | 273.00 | 275.45 | 275.85 | 269.15 | 0.359 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 281.9 as stoploss in an intra day sell trade for a target of 275.98. However, stock will show a bullish move above 281.9.
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 | 271.72 |
| Downside Intraday Target | 261.58 |
| Upside Intraday Target | 289.62 |
| Upside Intraday Target | 297.38 |
| Downside Intraday Target | 279.48 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 281.85 | 277.45 | 287.25 | 269.35 | 0.191 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 |
| 07 Thu Mar 2024 | 281.85 | 276.45 | 287.25 | 269.35 | 0.112 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 but selling 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 276.32 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 but selling 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 276.32 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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