(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 2024-03-14 View latest technical analysis
10 day averaged volume of Biocon is 6463586
Date | Daily Closing Price | Open | High | Low | Volume |
14 Thu Mar 2024 | 267.40 | 252.50 | 273.45 | 249.90 | 0.945 times |
13 Wed Mar 2024 | 252.85 | 271.00 | 273.45 | 250.40 | 1.095 times |
12 Tue Mar 2024 | 270.35 | 279.30 | 281.65 | 270.00 | 0.561 times |
11 Mon Mar 2024 | 279.20 | 284.00 | 286.20 | 278.10 | 0.707 times |
07 Thu Mar 2024 | 281.90 | 276.00 | 285.20 | 276.00 | 1.399 times |
06 Wed Mar 2024 | 274.50 | 280.00 | 280.85 | 269.25 | 0.939 times |
05 Tue Mar 2024 | 279.95 | 278.95 | 282.70 | 277.00 | 0.855 times |
04 Mon Mar 2024 | 278.90 | 277.90 | 287.20 | 275.70 | 2.751 times |
02 Sat Mar 2024 | 276.95 | 275.50 | 279.50 | 274.35 | 0.052 times |
01 Fri Mar 2024 | 273.90 | 276.55 | 282.25 | 272.50 | 0.768 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 267.8, but if it comes above 267.8, then a intra day buy could be more profitable.
If you take a sell trade below 267.8, then use 267.8 as stoploss and 258.7 as target. However if you take a buy trade in stock , then use 267.8 as stoploss and 275.45 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 |
Upside 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 | 249.47 |
Downside Intraday Target | 231.53 |
Upside Intraday Target | 285.77 |
Upside Intraday Target | 304.13 |
Upside Intraday Target | 267.83 |
Weekly technical analysis of Biocon (BIOCON)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Thu Mar 2024 | 267.40 | 284.00 | 286.20 | 249.90 | 0.557 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 |
14 Thu Mar 2024 | 267.40 | 276.55 | 287.20 | 249.90 | 0.34 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Biocon ( (BIOCON) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 274.24 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Biocon ( (BIOCON) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 274.24 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 negative.
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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