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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.

Showing technical analysis as on 2024-07-10 View latest technical analysis

10 day averaged volume of Biocon is 6069231

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	357.75	366.50	366.50	350.70	0.722 times
09 Tue Jul 2024	363.00	369.30	369.40	361.05	0.339 times
08 Mon Jul 2024	366.65	371.00	373.85	365.40	0.828 times
05 Fri Jul 2024	370.20	361.00	371.40	360.10	1.262 times
04 Thu Jul 2024	361.30	362.95	367.15	355.70	0.767 times
03 Wed Jul 2024	361.45	357.15	365.90	356.55	1.09 times
02 Tue Jul 2024	356.70	359.80	361.90	354.50	1.154 times
01 Mon Jul 2024	357.65	352.60	359.40	348.25	1.507 times
28 Fri Jun 2024	351.10	347.85	354.90	346.35	0.958 times
27 Thu Jun 2024	346.15	353.60	353.70	342.00	0.813 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 361.2 as stoploss in an intra day sell trade for a target of 349.33. However, stock will show a bullish move above 361.2.

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	244.55
Downside Target	259.85
Downside Target	269.55
Downside Target	287.20
Downside Target	314.70
Downside Target	326.50
Downside Target	348.25
Downside Target	351.00
Downside Target	354.90
Upside Target	371.40
Upside Target	373.85

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	347.68
Downside Intraday Target	337.62
Upside Intraday Target	370.83
Upside Intraday Target	383.92
Upside Intraday Target	360.77

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	357.75	371.00	373.85	350.70	0.327 times
05 Fri Jul 2024	370.20	352.60	371.40	348.25	1.338 times
28 Fri Jun 2024	351.10	345.40	354.90	336.30	0.846 times
21 Fri Jun 2024	345.70	330.00	351.00	326.50	1.144 times
14 Fri Jun 2024	334.80	338.00	349.45	330.10	0.422 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
10 Wed Jul 2024	357.75	352.60	373.85	348.25	0.314 times
28 Fri Jun 2024	351.10	314.90	354.90	269.55	0.693 times
31 Fri May 2024	309.25	300.00	331.00	292.20	1.156 times
30 Tue Apr 2024	298.55	265.50	314.70	259.85	1.556 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 SELL signal for Biocon in short term but the sell signal is initial and weak.

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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Biocon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 359.28 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.