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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 2024-11-21 View latest technical analysis

10 day averaged volume of Biocon is 5117047

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	323.10	327.30	328.40	319.50	0.355 times
19 Tue Nov 2024	327.05	326.95	334.20	325.20	0.269 times
18 Mon Nov 2024	325.35	336.45	337.65	324.70	0.467 times
14 Thu Nov 2024	335.80	333.85	339.85	330.55	0.833 times
13 Wed Nov 2024	331.55	345.20	346.90	328.50	0.765 times
12 Tue Nov 2024	347.50	348.70	353.55	345.85	1.115 times
11 Mon Nov 2024	348.70	329.00	350.80	326.00	4.313 times
08 Fri Nov 2024	321.30	329.00	331.90	319.60	0.629 times
07 Thu Nov 2024	328.00	323.90	329.50	322.15	0.725 times
06 Wed Nov 2024	322.85	318.05	324.80	315.70	0.427 times

My analysis of stock is bearish for shortterm, and stock might move down till 315.5 or till 303.8. Use a stoploss of 325.15 and if the stock hits stoploss, then it can shoot up till 334.84

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	303.00
Downside Target	319.50
Upside Target	337.65
Upside Target	343.15
Upside Target	351.00
Upside Target	353.55
Upside Target	370.45
Upside Target	371.80
Upside Target	376.80
Upside Target	395.80

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	315.85
Downside Intraday Target	308.6
Upside Intraday Target	334
Upside Intraday Target	344.9
Upside Intraday Target	326.75

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	323.10	336.45	337.65	319.50	0.155 times
14 Thu Nov 2024	335.80	329.00	353.55	326.00	2.331 times
08 Fri Nov 2024	321.30	317.50	331.90	306.10	0.643 times
01 Fri Nov 2024	317.80	313.95	328.50	303.00	1.683 times
25 Fri Oct 2024	312.00	340.00	343.15	304.65	1.588 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
21 Thu Nov 2024	323.10	316.20	353.55	306.10	0.808 times
31 Thu Oct 2024	316.10	362.40	371.80	303.00	0.483 times
30 Mon Sep 2024	363.10	368.00	395.80	351.00	1.823 times
30 Fri Aug 2024	359.10	362.50	370.45	323.35	0.797 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Biocon in short term but the buy 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 red color and prices are below the red 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 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 339.17 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 negative.

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