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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 5026733

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	265.25	271.75	271.75	262.10	0.81 times
12 Fri Apr 2024	274.00	280.00	283.15	273.10	1.379 times
10 Wed Apr 2024	278.30	272.80	283.20	272.00	2.907 times
09 Tue Apr 2024	271.30	275.45	276.95	269.50	0.56 times
08 Mon Apr 2024	273.80	272.80	277.10	267.70	0.833 times
05 Fri Apr 2024	270.95	270.95	272.90	269.00	0.441 times
04 Thu Apr 2024	270.25	274.40	274.85	269.20	0.368 times
03 Wed Apr 2024	272.60	271.95	274.95	269.75	0.63 times
02 Tue Apr 2024	270.05	270.00	272.50	268.45	0.655 times
01 Mon Apr 2024	269.70	265.50	272.65	265.50	0.688 times

My analysis of stock is bullish for shortterm, and stock might move up till 273.1 or till 285.4. Use a stoploss of 262.89 and if this stock hits its stoploss, then it can fall down till 252.65

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	236.90
Downside Target	244.55
Downside Target	249.65
Upside Target	267.70
Upside Target	271.75
Upside Target	274.95
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	260.98
Downside Intraday Target	256.72
Upside Intraday Target	270.63
Upside Intraday Target	276.02
Upside Intraday Target	266.37

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	265.25	271.75	271.75	262.10	0.143 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
22 Fri Mar 2024	252.20	252.80	254.70	244.55	0.677 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
15 Mon Apr 2024	265.25	265.50	283.20	262.10	0.391 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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 273.42 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.