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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 2024-07-12 View latest technical analysis

10 day averaged volume of Biocon is 5553402

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	350.75	355.00	356.00	349.10	0.731 times
11 Thu Jul 2024	354.55	359.90	359.90	351.50	0.572 times
10 Wed Jul 2024	357.75	366.50	366.50	350.70	0.789 times
09 Tue Jul 2024	363.00	369.30	369.40	361.05	0.371 times
08 Mon Jul 2024	366.65	371.00	373.85	365.40	0.904 times
05 Fri Jul 2024	370.20	361.00	371.40	360.10	1.379 times
04 Thu Jul 2024	361.30	362.95	367.15	355.70	0.839 times
03 Wed Jul 2024	361.45	357.15	365.90	356.55	1.191 times
02 Tue Jul 2024	356.70	359.80	361.90	354.50	1.261 times
01 Mon Jul 2024	357.65	352.60	359.40	348.25	1.647 times

My analysis of stock is bullish for shortterm, and stock might move up till 362.1 or till 375.7. Use a stoploss of 350.74 and if this stock hits its stoploss, then it can fall down till 339.41

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
Upside Target	351.00
Upside Target	354.90
Upside Target	371.40
Upside Target	373.85

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	341.95
Downside Intraday Target	333.15
Upside Intraday Target	366.7
Upside Intraday Target	382.65
Upside Intraday Target	357.9

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	350.75	371.00	373.85	349.10	0.533 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
12 Fri Jul 2024	350.75	352.60	373.85	348.25	0.362 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 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 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 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 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 green color and prices are in or below 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 and the buying is gaining 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 360.45 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 has given negative 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.