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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 2024-12-27 View latest technical analysis

10 day averaged volume of Biocon is 2808542

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	352.55	346.75	353.90	346.45	0.928 times
26 Thu Dec 2024	346.45	342.75	347.90	339.90	1.116 times
24 Tue Dec 2024	344.50	332.55	347.70	332.05	2.454 times
23 Mon Dec 2024	329.55	338.45	339.60	329.00	0.715 times
20 Fri Dec 2024	335.95	350.00	351.30	335.15	1.029 times
19 Thu Dec 2024	350.35	345.00	351.55	342.50	0.616 times
18 Wed Dec 2024	348.05	349.10	357.80	346.45	1.179 times
17 Tue Dec 2024	350.95	354.00	354.85	349.45	0.55 times
16 Mon Dec 2024	353.70	357.00	358.65	350.75	0.773 times
13 Fri Dec 2024	352.80	356.00	356.80	346.75	0.94 times

My analysis of stock is bearish for shortterm, and stock might move down till 344.6 or till 327.4. Use a stoploss of 358.88 and if the stock hits stoploss, then it can shoot up till 373.19

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	303.00
Downside Target	323.35
Downside Target	346.75
Upside Target	368.05
Upside 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	336.4
Downside Intraday Target	320.25
Upside Intraday Target	361.3
Upside Intraday Target	370.05
Downside Intraday Target	345.15

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	352.55	338.45	353.90	329.00	1.257 times
20 Fri Dec 2024	335.95	357.00	358.65	335.15	0.961 times
13 Fri Dec 2024	352.80	378.00	380.80	346.75	0.646 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

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 Dec 2024	352.55	375.00	381.50	329.00	0.738 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 down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a SELL signal for Biocon in short term and the sell signal is strong.

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 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 346.09 and Biocon (BIOCON) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.