Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-27 View latest technical analysis

10 day averaged volume of Biocon is 5837173

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	368.85	375.95	378.75	367.90	0.785 times
26 Thu Sep 2024	372.85	372.00	374.70	368.25	0.601 times
25 Wed Sep 2024	371.45	377.80	381.80	368.60	0.878 times
24 Tue Sep 2024	375.85	370.35	378.00	366.05	0.765 times
23 Mon Sep 2024	370.35	365.35	372.85	363.60	0.667 times
20 Fri Sep 2024	365.35	363.30	367.20	360.40	0.715 times
19 Thu Sep 2024	361.50	365.00	369.00	351.00	1.088 times
18 Wed Sep 2024	363.65	375.00	375.75	360.00	1.184 times
17 Tue Sep 2024	375.85	393.60	395.80	374.30	1.791 times
16 Mon Sep 2024	391.20	382.50	394.85	380.30	1.359 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 365.8 as stoploss in an intra day buy trade for a target of 374.16. However, stock will show a bearish move below 365.8.

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
Upside Target	370.45
Upside Target	376.80
Upside Target	381.80
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	361.03
Downside Intraday Target	353.22
Upside Intraday Target	379.23
Upside Intraday Target	389.62
Upside Intraday Target	371.42

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	368.85	365.35	381.80	363.60	0.602 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
27 Fri Sep 2024	368.85	368.00	395.80	351.00	1.783 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 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 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 gaining 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. 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 SELL signal in short term but selling is losing 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 372.64 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.