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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 2024-12-09 View latest technical analysis

10 day averaged volume of Biocon is 3714986

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	369.60	378.00	380.80	363.95	1.259 times
06 Fri Dec 2024	380.05	376.50	381.50	372.75	0.605 times
05 Thu Dec 2024	375.25	380.00	381.40	372.50	0.486 times
04 Wed Dec 2024	379.70	373.90	381.00	369.10	0.96 times
03 Tue Dec 2024	373.85	374.45	377.20	372.80	0.466 times
02 Mon Dec 2024	375.35	375.00	380.00	368.05	2.534 times
29 Fri Nov 2024	365.15	361.40	368.30	361.35	0.625 times
28 Thu Nov 2024	363.95	360.00	366.65	358.05	1.064 times
27 Wed Nov 2024	358.65	354.00	360.00	349.20	1.455 times
26 Tue Nov 2024	352.65	336.35	355.45	336.05	1.416 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 371.4 as stoploss in an intra day sell trade for a target of 351.12. However, stock will show a bullish move above 371.4.

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	303.00
Downside Target	319.50
Downside Target	333.55
Downside Target	351.00
Downside Target	363.95
Downside Target	368.30
Upside Target	370.45
Upside Target	371.80
Upside Target	380.80
Upside Target	381.50
Upside Target	395.80

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	362.1
Downside Intraday Target	354.6
Upside Intraday Target	378.95
Upside Intraday Target	388.3
Upside Intraday Target	371.45

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	369.60	378.00	380.80	363.95	0.249 times
06 Fri Dec 2024	380.05	375.00	381.50	368.05	1.02 times
29 Fri Nov 2024	365.15	335.00	368.30	333.55	2.584 times
22 Fri Nov 2024	331.50	336.45	337.65	319.50	0.198 times
14 Thu Nov 2024	335.80	329.00	353.55	326.00	2.331 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
09 Mon Dec 2024	369.60	375.00	381.50	363.95	0.303 times
29 Fri Nov 2024	365.15	316.20	368.30	306.10	1.089 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Biocon in short term and the buy signal is strong.

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 368.37 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.