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 2024-12-31 View latest technical analysis

10 day averaged volume of Biocon is 3505378

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	365.35	365.75	368.50	361.05	0.467 times
30 Mon Dec 2024	367.70	355.00	368.95	352.20	2.501 times
27 Fri Dec 2024	352.55	346.75	353.90	346.45	0.744 times
26 Thu Dec 2024	346.45	342.75	347.90	339.90	0.894 times
24 Tue Dec 2024	344.50	332.55	347.70	332.05	1.966 times
23 Mon Dec 2024	329.55	338.45	339.60	329.00	0.573 times
20 Fri Dec 2024	335.95	350.00	351.30	335.15	0.824 times
19 Thu Dec 2024	350.35	345.00	351.55	342.50	0.493 times
18 Wed Dec 2024	348.05	349.10	357.80	346.45	0.945 times
17 Tue Dec 2024	350.95	354.00	354.85	349.45	0.441 times

My analysis of stock is bullish for shortterm, and stock might move up till 372.5 or till 389.2. Use a stoploss of 358.51 and if this stock hits its stoploss, then it can fall down till 344.54

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	355.38
Downside Intraday Target	345.42
Upside Intraday Target	372.13
Upside Intraday Target	378.92
Downside Intraday Target	362.17

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	365.35	355.00	368.95	352.20	0.711 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
31 Tue Dec 2024	365.35	375.00	381.50	329.00	0.873 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 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 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 coming down

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

Although the stock is in the SELL zone, but selling 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 351.5 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.