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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 2024-09-24 View latest technical analysis

10 day averaged volume of Biocon is 7525644

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	375.85	370.35	378.00	366.05	0.594 times
23 Mon Sep 2024	370.35	365.35	372.85	363.60	0.517 times
20 Fri Sep 2024	365.35	363.30	367.20	360.40	0.555 times
19 Thu Sep 2024	361.50	365.00	369.00	351.00	0.844 times
18 Wed Sep 2024	363.65	375.00	375.75	360.00	0.918 times
17 Tue Sep 2024	375.85	393.60	395.80	374.30	1.389 times
16 Mon Sep 2024	391.20	382.50	394.85	380.30	1.054 times
13 Fri Sep 2024	378.95	378.45	383.80	372.45	0.738 times
12 Thu Sep 2024	376.60	389.10	393.85	374.85	1.173 times
11 Wed Sep 2024	385.30	390.20	394.90	382.50	1.553 times

My analysis of stock is bullish for shortterm, and stock might move up till 382.4 or till 394.8. Use a stoploss of 372.07 and if this stock hits its stoploss, then it can fall down till 361.72

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	269.55
Downside Target	292.20
Downside Target	320.40
Downside Target	331.00
Downside Target	350.05
Downside Target	363.60
Downside Target	370.45
Upside Target	376.80
Upside Target	378.00
Upside Target	394.70
Upside Target	394.90
Upside Target	395.80

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	366.97
Downside Intraday Target	358.08
Upside Intraday Target	381.37
Upside Intraday Target	386.88
Downside Intraday Target	372.48

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	375.85	365.35	378.00	363.60	0.233 times
20 Fri Sep 2024	365.35	382.50	395.80	351.00	0.854 times
13 Fri Sep 2024	378.95	373.15	394.90	366.15	0.937 times
06 Fri Sep 2024	373.70	368.00	394.70	355.25	2.608 times
30 Fri Aug 2024	359.10	352.00	364.95	350.05	1.145 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
24 Tue Sep 2024	375.85	368.00	395.80	351.00	1.62 times
30 Fri Aug 2024	359.10	362.50	370.45	323.35	0.797 times
31 Wed Jul 2024	362.35	352.60	376.80	320.40	0.683 times
28 Fri Jun 2024	351.10	314.90	354.90	269.55	0.693 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 neutral. A longer time frame might give a better analysis.

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 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. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 376.07 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 positive

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