(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 2024-08-23 View latest technical analysis
10 day averaged volume of Biocon is 161501
Date | Daily Closing Price | Open | High | Low | Volume |
23 Fri Aug 2024 | 351.65 | 357.50 | 357.80 | 350.90 | 0.468 times |
22 Thu Aug 2024 | 356.55 | 355.10 | 359.00 | 353.65 | 0.685 times |
21 Wed Aug 2024 | 354.80 | 348.55 | 356.60 | 345.75 | 0.654 times |
20 Tue Aug 2024 | 346.65 | 346.05 | 350.80 | 343.45 | 1.002 times |
19 Mon Aug 2024 | 344.80 | 343.15 | 347.20 | 341.00 | 0.496 times |
16 Fri Aug 2024 | 340.65 | 332.00 | 341.75 | 328.25 | 0.707 times |
14 Wed Aug 2024 | 327.55 | 337.00 | 337.65 | 323.55 | 0.87 times |
13 Tue Aug 2024 | 337.00 | 337.70 | 342.00 | 334.05 | 0.718 times |
12 Mon Aug 2024 | 337.75 | 330.00 | 341.80 | 330.00 | 0.71 times |
09 Fri Aug 2024 | 336.65 | 338.75 | 344.00 | 332.90 | 3.07 times |
My analysis of stock is bullish for shortterm, and stock might move up till 358.8 or till 371.7. Use a stoploss of 347.93 and if this stock hits its stoploss, then it can fall down till 337.11
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 |
Downside Target | 341.00 |
Upside Target | 352.65 |
Upside Target | 354.90 |
Upside Target | 359.00 |
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 | 342.1 |
Downside Intraday Target | 332.55 |
Upside Intraday Target | 360.1 |
Upside Intraday Target | 368.55 |
Downside Intraday Target | 350.55 |
Weekly technical analysis of Biocon (Biocon)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Fri Aug 2024 | 351.65 | 343.15 | 359.00 | 341.00 | 1.099 times |
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 |
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 |
23 Fri Aug 2024 | 351.65 | 361.30 | 370.25 | 323.55 | 0.732 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.
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 341.18 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.
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 341.18 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 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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