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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 2024-07-25 View latest technical analysis

10 day averaged volume of Biocon is 3529088

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	361.85	346.10	363.90	342.35	1.819 times
24 Wed Jul 2024	348.00	337.70	349.10	336.20	0.959 times
23 Tue Jul 2024	337.05	338.35	338.55	320.40	1.079 times
22 Mon Jul 2024	335.35	332.65	339.40	330.00	0.818 times
19 Fri Jul 2024	335.20	343.30	344.20	334.05	1.012 times
18 Thu Jul 2024	343.20	353.40	353.40	340.95	1.102 times
16 Tue Jul 2024	353.40	359.00	360.50	352.45	0.584 times
15 Mon Jul 2024	359.15	352.00	361.50	350.75	1.154 times
12 Fri Jul 2024	350.75	355.00	356.00	349.10	1.15 times
11 Thu Jul 2024	354.55	359.90	359.90	351.50	0.9 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 363.4 as stoploss in an intra day sell trade for a target of 353.52. However, stock will show a bullish move above 363.4.

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	331.00
Downside Target	348.25
Downside Target	354.90
Downside Target	361.50
Upside Target	363.90
Upside Target	371.40
Upside Target	373.85

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	333.53
Downside Intraday Target	305.22
Upside Intraday Target	377.03
Upside Intraday Target	392.22
Downside Intraday Target	348.72

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	361.85	332.65	363.90	320.40	1.214 times
19 Fri Jul 2024	335.20	352.00	361.50	334.05	0.727 times
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

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
25 Thu Jul 2024	361.85	352.60	373.85	320.40	0.565 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Biocon ( (BIOCON) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 348.93 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 positive

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