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(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.

10 day averaged volume of Biocon is 3950645

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 321.30 329.00 331.90 319.60 0.815 times
07 Thu Nov 2024 328.00 323.90 329.50 322.15 0.94 times
06 Wed Nov 2024 322.85 318.05 324.80 315.70 0.553 times
05 Tue Nov 2024 315.70 310.90 316.90 309.25 0.59 times
04 Mon Nov 2024 310.90 317.50 317.50 306.10 1.008 times
01 Fri Nov 2024 317.80 316.20 318.90 315.40 0.136 times
31 Thu Oct 2024 316.10 305.50 323.10 303.00 3.457 times
30 Wed Oct 2024 320.70 324.00 327.40 319.20 1.336 times
29 Tue Oct 2024 327.00 323.80 328.50 315.75 0.645 times
28 Mon Oct 2024 323.75 313.95 325.75 313.25 0.505 times

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 315.8 as stoploss in an intra day buy trade for a target of 327.58. However, stock will show a bearish move below 315.8.

Share price targets for Biocon (BIOCON)

Target Type Value
Downside Target 303.00
Downside Target 320.40
Upside Target 334.60
Upside Target 343.15
Upside Target 351.00
Upside Target 352.70
Upside Target 353.40
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 307.63
Downside Intraday Target 293.97
Upside Intraday Target 333.43
Upside Intraday Target 345.57
Downside Intraday Target 319.77

Weekly technical analysis of Biocon (BIOCON)

Date Weekly Closing Price Open High Low Volume
08 Fri Nov 2024 321.30 317.50 331.90 306.10 0.643 times
01 Fri Nov 2024 317.80 313.95 328.50 303.00 1.683 times
25 Fri Oct 2024 312.00 340.00 343.15 304.65 1.588 times
18 Fri Oct 2024 339.95 347.05 353.40 332.50 0.677 times
11 Fri Oct 2024 346.15 346.55 352.70 334.60 0.925 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
08 Fri Nov 2024 321.30 316.20 331.90 306.10 0.224 times
31 Thu Oct 2024 316.10 362.40 371.80 303.00 0.483 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

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 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 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 to mid 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 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.

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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 319.2 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 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 to mid 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 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.

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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 319.2 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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