Login or Join
 Learn then Earn

(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)

10 day averaged volume of Biocon is 5117047

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 327.05 326.95 334.20 325.20 0.269 times
18 Mon Nov 2024 325.35 336.45 337.65 324.70 0.467 times
14 Thu Nov 2024 335.80 333.85 339.85 330.55 0.833 times
13 Wed Nov 2024 331.55 345.20 346.90 328.50 0.765 times
12 Tue Nov 2024 347.50 348.70 353.55 345.85 1.115 times

My analysis of stock is bullish for shortterm, and stock might move up till 334.8 or till 346.4. Use a stoploss of 325.03 and if this stock hits its stoploss, then it can fall down till 315.3

Share price targets for Biocon (BIOCON)

Target Type Value
Downside Target 303.00
Downside Target 313.25
Downside Target 320.40
Upside Target 337.65
Upside Target 351.00
Upside Target 353.55
Upside Target 370.45
Upside Target 371.80
Upside Target 376.80
Upside Target 395.80

Intraday share price targets for Biocon (BIOCON)

Target Type Value
Downside Intraday Target 321.95
Downside Intraday Target 316.85
Upside Intraday Target 334.9
Upside Intraday Target 342.75
Upside Intraday Target 329.8

Weekly technical analysis of Biocon (BIOCON)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 327.05 336.45 337.65 324.70 0.105 times
14 Thu Nov 2024 335.80 329.00 353.55 326.00 2.331 times
08 Fri Nov 2024 321.30 317.50 331.90 306.10 0.792 times
01 Fri Nov 2024 317.80 324.00 327.40 303.00 1.983 times
30 Wed Oct 2024 320.70 313.95 328.50 313.25 0.688 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 Tue Nov 2024 327.05 316.20 353.55 306.10 0.729 times
31 Thu Oct 2024 316.10 362.40 371.80 303.00 0.519 times
30 Mon Sep 2024 363.10 368.00 395.80 351.00 1.823 times
30 Fri Aug 2024 359.10 362.50 370.45 323.35 0.797 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 17, 29, 25 Sell
MACD -6, -8Buy
Stochastics 48None
CCI -15Sell
RSI 47Sell
OBV -8904490Sell
VWAP 339Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Biocon in short term but the buy 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 in or above the red cloud Prices appear to be moving up

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 positive zone. This is a BUY 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 338.67 and Biocon (BIOCON) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Biocon charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme