(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 2024-03-26 View latest technical analysis
10 day averaged volume of Biocon is 264505
Date | Daily Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 258.00 | 252.45 | 259.00 | 251.50 | 0.656 times |
22 Fri Mar 2024 | 252.15 | 249.15 | 254.65 | 248.90 | 0.885 times |
21 Thu Mar 2024 | 248.70 | 248.50 | 252.35 | 247.45 | 0.66 times |
20 Wed Mar 2024 | 247.00 | 246.25 | 249.35 | 244.40 | 0.618 times |
19 Tue Mar 2024 | 245.55 | 251.45 | 252.45 | 245.00 | 0.686 times |
18 Mon Mar 2024 | 250.45 | 252.50 | 254.55 | 247.85 | 1.122 times |
15 Fri Mar 2024 | 251.65 | 263.05 | 263.05 | 250.25 | 0.966 times |
14 Thu Mar 2024 | 266.95 | 250.45 | 273.45 | 250.00 | 1.214 times |
13 Wed Mar 2024 | 253.10 | 271.00 | 273.50 | 251.00 | 2.21 times |
12 Tue Mar 2024 | 270.35 | 279.85 | 281.65 | 269.85 | 1.114 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 252.9 as stoploss in an intra day buy trade for a target of 265.62. However, stock will show a bearish move below 252.9.
Share price targets for Biocon (Biocon)
Target Type | Value |
Downside Target | 218.35 |
Downside Target | 236.80 |
Downside Target | 244.40 |
Downside Target | 249.50 |
Upside Target | 267.55 |
Upside Target | 269.35 |
Upside Target | 282.15 |
Upside Target | 286.30 |
Upside Target | 287.25 |
Upside Target | 294.65 |
Upside Target | 307.00 |
Intraday share price targets for Biocon (Biocon)
Target Type | Value |
Downside Intraday Target | 253.33 |
Downside Intraday Target | 248.67 |
Upside Intraday Target | 260.83 |
Upside Intraday Target | 263.67 |
Downside Intraday Target | 256.17 |
Weekly technical analysis of Biocon (Biocon)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 258.00 | 252.45 | 259.00 | 251.50 | 0.165 times |
22 Fri Mar 2024 | 252.15 | 252.50 | 254.65 | 244.40 | 0.659 times |
15 Fri Mar 2024 | 251.65 | 284.40 | 286.30 | 250.00 | 1.218 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 |
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 |
26 Tue Mar 2024 | 258.00 | 276.45 | 287.25 | 244.40 | 0.299 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 255.29 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 255.29 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 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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