(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 5940958
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 264.15 | 260.00 | 266.75 | 259.20 | 1.304 times |
27 Wed Mar 2024 | 256.60 | 256.95 | 263.25 | 255.85 | 1.275 times |
26 Tue Mar 2024 | 257.70 | 254.20 | 258.95 | 251.00 | 1.224 times |
22 Fri Mar 2024 | 252.20 | 250.20 | 254.70 | 248.45 | 0.94 times |
21 Thu Mar 2024 | 248.70 | 248.50 | 252.30 | 247.55 | 0.596 times |
20 Wed Mar 2024 | 246.85 | 246.50 | 249.55 | 244.55 | 0.583 times |
19 Tue Mar 2024 | 245.75 | 250.80 | 252.40 | 245.05 | 0.676 times |
18 Mon Mar 2024 | 250.65 | 252.80 | 254.55 | 247.75 | 0.79 times |
15 Fri Mar 2024 | 251.65 | 262.00 | 262.60 | 250.25 | 1.696 times |
14 Thu Mar 2024 | 267.40 | 252.50 | 273.45 | 249.90 | 1.028 times |
My analysis of stock is bearish for shortterm, and stock might move down till 251.8 or till 236.7. Use a stoploss of 264.33 and if the stock hits stoploss, then it can shoot up till 276.9
Share price targets for Biocon (BIOCON)
Target Type | Value |
Downside Target | 218.30 |
Downside Target | 236.90 |
Downside Target | 244.55 |
Downside Target | 249.65 |
Upside Target | 266.75 |
Upside Target | 269.25 |
Upside Target | 282.25 |
Upside Target | 286.20 |
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 | 254.52 |
Downside Intraday Target | 244.88 |
Upside Intraday Target | 270.27 |
Upside Intraday Target | 276.38 |
Downside Intraday Target | 260.63 |
Weekly technical analysis of Biocon (BIOCON)
Date | Weekly Closing Price | Open | High | Low | Volume |
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 |
15 Fri Mar 2024 | 251.65 | 284.00 | 286.20 | 249.90 | 0.819 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 |
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 |
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 |
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 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 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 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 BUY. Signal strength is Weak 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 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 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 and BUY signal is strong.
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 255.35 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 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 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 BUY. Signal strength is Weak 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 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 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 and BUY signal is strong.
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 255.35 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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