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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 2024-12-30 View latest technical analysis

10 day averaged volume of Biocon is 2892563

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	367.70	355.00	368.95	352.20	3.031 times
27 Fri Dec 2024	352.55	346.75	353.90	346.45	0.901 times
26 Thu Dec 2024	346.45	342.75	347.90	339.90	1.084 times
24 Tue Dec 2024	344.50	332.55	347.70	332.05	2.382 times
23 Mon Dec 2024	329.55	338.45	339.60	329.00	0.694 times
20 Fri Dec 2024	335.95	350.00	351.30	335.15	0.999 times
19 Thu Dec 2024	350.35	345.00	351.55	342.50	0.598 times
18 Wed Dec 2024	348.05	349.10	357.80	346.45	1.145 times
17 Tue Dec 2024	350.95	354.00	354.85	349.45	0.534 times
16 Mon Dec 2024	353.70	357.00	358.65	350.75	0.75 times

Stock of Biocon (BIOCON) has showed a significant upmove. This could be a good time to enter in this stock!

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 373.4 as stoploss in an intra day sell trade for a target of 359.01. However, stock will show a bullish move above 373.4.

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	368.95
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	356.95
Downside Intraday Target	346.2
Upside Intraday Target	373.7
Upside Intraday Target	379.7
Downside Intraday Target	362.95

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	367.70	355.00	368.95	352.20	0.599 times
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

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
30 Mon Dec 2024	367.70	375.00	381.50	329.00	0.852 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 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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term and the buying is gaining 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 350.99 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.