(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 2024-08-16 View latest technical analysis
10 day averaged volume of Biocon is 207001
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 340.65 | 332.00 | 341.75 | 328.25 | 0.552 times |
| 14 Wed Aug 2024 | 327.55 | 337.00 | 337.65 | 323.55 | 0.679 times |
| 13 Tue Aug 2024 | 337.00 | 337.70 | 342.00 | 334.05 | 0.56 times |
| 12 Mon Aug 2024 | 337.75 | 330.00 | 341.80 | 330.00 | 0.554 times |
| 09 Fri Aug 2024 | 336.65 | 338.75 | 344.00 | 332.90 | 2.395 times |
| 08 Thu Aug 2024 | 339.20 | 347.00 | 349.55 | 337.00 | 0.849 times |
| 07 Wed Aug 2024 | 347.00 | 339.05 | 348.10 | 335.80 | 0.82 times |
| 06 Tue Aug 2024 | 334.60 | 339.15 | 349.25 | 332.05 | 0.912 times |
| 05 Mon Aug 2024 | 340.80 | 337.10 | 352.65 | 333.70 | 1.535 times |
| 02 Fri Aug 2024 | 356.20 | 351.85 | 362.05 | 348.05 | 0.417 times |
My analysis of stock is bearish for shortterm, and stock might move down till 334.2 or till 320.1. Use a stoploss of 346.03 and if the stock hits stoploss, then it can shoot up till 357.82
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 260.00 |
| Downside Target | 270.00 |
| Downside Target | 292.55 |
| Downside Target | 314.60 |
| Downside Target | 330.95 |
| Upside Target | 342.00 |
| Upside Target | 352.65 |
| Upside Target | 354.90 |
| Upside Target | 361.25 |
| Upside Target | 370.25 |
| Upside Target | 370.30 |
| Upside Target | 376.75 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 328.8 |
| Downside Intraday Target | 316.95 |
| Upside Intraday Target | 347.25 |
| Upside Intraday Target | 353.85 |
| Downside Intraday Target | 335.4 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 340.65 | 330.00 | 342.00 | 323.55 | 0.36 times |
| 09 Fri Aug 2024 | 336.65 | 337.10 | 352.65 | 332.05 | 1.88 times |
| 02 Fri Aug 2024 | 356.20 | 368.65 | 370.30 | 348.05 | 0.677 times |
| 26 Fri Jul 2024 | 368.60 | 334.15 | 376.75 | 320.50 | 2.077 times |
| 19 Fri Jul 2024 | 335.00 | 348.50 | 361.25 | 334.05 | 0.765 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 |
| 16 Fri Aug 2024 | 340.65 | 361.30 | 370.25 | 323.55 | 0.588 times |
| 31 Wed Jul 2024 | 362.35 | 353.55 | 376.75 | 320.50 | 0.469 times |
| 28 Fri Jun 2024 | 351.00 | 315.00 | 354.90 | 270.00 | 0.708 times |
| 31 Fri May 2024 | 309.30 | 300.00 | 330.95 | 292.55 | 1.184 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 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 short 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 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 SELL. Signal strength is Strong 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 338.82 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 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 short 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 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 SELL. Signal strength is Strong 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 338.82 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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