(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)
Biocon trades in NSE in Biotechnology sector.
Showing technical analysis as on 2024-03-12 View latest technical analysis
10 day averaged volume of Biocon is 6904408
Date | Daily Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 270.35 | 279.30 | 281.65 | 270.00 | 0.526 times |
11 Mon Mar 2024 | 279.20 | 284.00 | 286.20 | 278.10 | 0.662 times |
07 Thu Mar 2024 | 281.90 | 276.00 | 285.20 | 276.00 | 1.31 times |
06 Wed Mar 2024 | 274.50 | 280.00 | 280.85 | 269.25 | 0.879 times |
05 Tue Mar 2024 | 279.95 | 278.95 | 282.70 | 277.00 | 0.8 times |
04 Mon Mar 2024 | 278.90 | 277.90 | 287.20 | 275.70 | 2.575 times |
02 Sat Mar 2024 | 276.95 | 275.50 | 279.50 | 274.35 | 0.049 times |
01 Fri Mar 2024 | 273.90 | 276.55 | 282.25 | 272.50 | 0.719 times |
29 Thu Feb 2024 | 276.50 | 272.65 | 277.60 | 267.45 | 0.818 times |
28 Wed Feb 2024 | 271.05 | 276.00 | 281.50 | 270.10 | 0.913 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 271.4, but if it comes above 271.4, then a intra day buy could be more profitable.
If you take a sell trade below 271.4, then use 271.4 as stoploss and 265.1 as target. However if you take a buy trade in stock , then use 271.4 as stoploss and 276.74 as target.
Share price targets for Biocon (BIOCON)
Target Type | Value |
Downside Target | 218.30 |
Downside Target | 236.90 |
Downside Target | 249.65 |
Downside Target | 256.90 |
Downside Target | 267.45 |
Upside Target | 282.25 |
Upside Target | 286.20 |
Upside Target | 287.20 |
Upside Target | 290.00 |
Upside Target | 294.50 |
Upside Target | 303.10 |
Upside Target | 307.10 |
Intraday share price targets for Biocon (BIOCON)
Target Type | Value |
Downside Intraday Target | 264.83 |
Downside Intraday Target | 259.32 |
Upside Intraday Target | 281.03 |
Upside Intraday Target | 291.72 |
Upside Intraday Target | 275.52 |
Weekly technical analysis of Biocon (BIOCON)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 270.35 | 284.00 | 286.20 | 270.00 | 0.213 times |
07 Thu Mar 2024 | 281.90 | 277.90 | 287.20 | 269.25 | 1.262 times |
02 Sat Mar 2024 | 276.95 | 274.80 | 282.25 | 267.45 | 0.567 times |
23 Fri Feb 2024 | 273.05 | 287.00 | 303.10 | 268.00 | 1.605 times |
16 Fri Feb 2024 | 286.85 | 275.10 | 290.00 | 261.00 | 0.49 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 |
12 Tue Mar 2024 | 270.35 | 276.55 | 287.20 | 269.25 | 0.271 times |
29 Thu Feb 2024 | 276.50 | 268.30 | 307.10 | 261.00 | 1.209 times |
31 Wed Jan 2024 | 268.40 | 249.80 | 294.50 | 249.65 | 2.304 times |
29 Fri Dec 2023 | 249.65 | 241.00 | 256.90 | 236.90 | 1.099 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term but the sell 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 below the red 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 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 277.15 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term but the sell 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 below the red 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 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 277.15 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.
Click here for further forecast and predictions for tomorrow
Daily charts
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