(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 2024-09-19 View latest technical analysis
10 day averaged volume of Biocon is 307241
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 360.75 | 364.35 | 368.85 | 351.10 | 2.021 times |
| 18 Wed Sep 2024 | 363.65 | 376.00 | 376.00 | 359.90 | 0.883 times |
| 17 Tue Sep 2024 | 375.50 | 394.45 | 395.65 | 374.25 | 0.881 times |
| 16 Mon Sep 2024 | 390.75 | 382.90 | 394.95 | 380.50 | 0.846 times |
| 13 Fri Sep 2024 | 378.80 | 379.50 | 383.80 | 372.45 | 0.419 times |
| 12 Thu Sep 2024 | 376.55 | 387.45 | 394.10 | 374.80 | 0.98 times |
| 11 Wed Sep 2024 | 385.40 | 390.00 | 394.90 | 382.85 | 1.288 times |
| 10 Tue Sep 2024 | 386.30 | 383.20 | 389.60 | 378.30 | 0.696 times |
| 09 Mon Sep 2024 | 377.05 | 372.80 | 379.70 | 365.95 | 1.141 times |
| 06 Fri Sep 2024 | 374.00 | 386.50 | 386.50 | 369.30 | 0.995 times |
Stock of Biocon (Biocon) has showed a significant fall. This could be a good time to exit from this stock.
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 356.9 as stoploss in an intra day buy trade for a target of 369.22. However, stock will show a bearish move below 356.9.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 270.00 |
| Downside Target | 292.55 |
| Downside Target | 320.50 |
| Downside Target | 330.95 |
| Downside Target | 341.00 |
| Downside Target | 350.05 |
| Upside Target | 365.95 |
| Upside Target | 370.25 |
| Upside Target | 376.75 |
| Upside Target | 394.40 |
| Upside Target | 394.90 |
| Upside Target | 395.65 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 342.68 |
| Downside Intraday Target | 324.62 |
| Upside Intraday Target | 387.23 |
| Upside Intraday Target | 413.72 |
| Upside Intraday Target | 369.17 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 360.75 | 382.90 | 395.65 | 351.10 | 1.024 times |
| 13 Fri Sep 2024 | 378.80 | 372.80 | 394.90 | 365.95 | 0.881 times |
| 06 Fri Sep 2024 | 374.00 | 367.50 | 394.40 | 355.50 | 2.216 times |
| 30 Fri Aug 2024 | 359.30 | 351.10 | 364.60 | 350.05 | 1.334 times |
| 23 Fri Aug 2024 | 351.65 | 343.15 | 359.00 | 341.00 | 1.099 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 |
| 19 Thu Sep 2024 | 360.75 | 367.50 | 395.65 | 351.10 | 1.28 times |
| 30 Fri Aug 2024 | 359.30 | 361.30 | 370.25 | 323.55 | 0.924 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 |
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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 375.06 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 375.06 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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