(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 2024-03-12 View latest technical analysis
10 day averaged volume of Biocon is 799013
Date | Daily Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 270.35 | 279.85 | 281.65 | 269.85 | 0.369 times |
11 Mon Mar 2024 | 279.45 | 284.40 | 286.30 | 278.15 | 0.173 times |
07 Thu Mar 2024 | 281.85 | 275.05 | 285.25 | 275.05 | 0.235 times |
06 Wed Mar 2024 | 274.45 | 279.35 | 280.60 | 269.35 | 0.417 times |
05 Tue Mar 2024 | 280.10 | 279.35 | 282.65 | 277.15 | 0.496 times |
04 Mon Mar 2024 | 278.75 | 277.45 | 287.25 | 275.85 | 0.49 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 | 0.47 times |
29 Thu Feb 2024 | 276.50 | 273.95 | 277.60 | 267.55 | 6.708 times |
28 Wed Feb 2024 | 270.95 | 276.95 | 281.35 | 270.25 | 0.37 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 271.5, but if it comes above 271.5, then a intra day buy could be more profitable.
If you take a sell trade below 271.5, then use 271.5 as stoploss and 265.1 as target. However if you take a buy trade in stock , then use 271.5 as stoploss and 276.77 as target.
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 | 286.30 |
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 | 264.7 |
Downside Intraday Target | 259.05 |
Upside Intraday Target | 281.15 |
Upside Intraday Target | 291.95 |
Upside Intraday Target | 275.5 |
Weekly technical analysis of Biocon (Biocon)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 270.35 | 284.40 | 286.30 | 269.85 | 0.331 times |
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 |
Price has moved down 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 |
12 Tue Mar 2024 | 270.35 | 276.45 | 287.25 | 269.35 | 0.141 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 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 276.32 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 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 276.32 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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