(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 2024-04-22 View latest technical analysis
10 day averaged volume of Biocon is 5514197
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 271.15 | 264.40 | 272.50 | 262.15 | 1.56 times |
19 Fri Apr 2024 | 261.65 | 265.00 | 265.35 | 259.85 | 0.994 times |
18 Thu Apr 2024 | 267.20 | 271.90 | 275.50 | 265.80 | 1.723 times |
16 Tue Apr 2024 | 263.75 | 264.80 | 269.00 | 262.25 | 0.632 times |
15 Mon Apr 2024 | 265.25 | 271.75 | 271.75 | 262.10 | 0.738 times |
12 Fri Apr 2024 | 274.00 | 280.00 | 283.15 | 273.10 | 1.257 times |
10 Wed Apr 2024 | 278.30 | 272.80 | 283.20 | 272.00 | 2.65 times |
09 Tue Apr 2024 | 271.30 | 275.45 | 276.95 | 269.50 | 0.51 times |
08 Mon Apr 2024 | 273.80 | 272.80 | 277.10 | 267.70 | 0.759 times |
05 Fri Apr 2024 | 270.95 | 270.95 | 272.90 | 269.00 | 0.402 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 273.9 as stoploss in an intra day sell trade for a target of 265.31. However, stock will show a bullish move above 273.9.
Share price targets for Biocon (BIOCON)
Target Type | Value |
Downside Target | 236.90 |
Downside Target | 244.55 |
Downside Target | 249.65 |
Downside Target | 256.90 |
Upside Target | 272.50 |
Upside Target | 274.95 |
Upside Target | 275.50 |
Upside Target | 283.20 |
Upside Target | 287.20 |
Upside Target | 294.50 |
Upside Target | 307.10 |
Intraday share price targets for Biocon (BIOCON)
Target Type | Value |
Downside Intraday Target | 264.7 |
Downside Intraday Target | 258.25 |
Upside Intraday Target | 275.05 |
Upside Intraday Target | 278.95 |
Downside Intraday Target | 268.6 |
Weekly technical analysis of Biocon (BIOCON)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 271.15 | 264.40 | 272.50 | 262.15 | 0.382 times |
19 Fri Apr 2024 | 261.65 | 271.75 | 275.50 | 259.85 | 0.79 times |
12 Fri Apr 2024 | 274.00 | 272.80 | 283.20 | 267.70 | 2.042 times |
05 Fri Apr 2024 | 270.95 | 265.50 | 274.95 | 265.50 | 0.619 times |
28 Thu Mar 2024 | 264.15 | 254.20 | 266.75 | 251.00 | 1.061 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 |
22 Mon Apr 2024 | 271.15 | 265.50 | 283.20 | 259.85 | 0.619 times |
28 Thu Mar 2024 | 264.15 | 276.55 | 287.20 | 244.55 | 0.622 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Biocon ( (BIOCON) ) based on a mid to longer 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
ADX buy sell signal for Biocon stock for short term is BUY. 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.
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 in or above 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 271.08 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Biocon ( (BIOCON) ) based on a mid to longer 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
ADX buy sell signal for Biocon stock for short term is BUY. 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.
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 in or above 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 271.08 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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Daily charts
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