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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 2025-01-07 View latest technical analysis

10 day averaged volume of Biocon is 3273034

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	382.35	363.10	388.95	363.10	6.085 times
06 Mon Jan 2025	358.10	369.45	372.80	356.75	0.6 times
03 Fri Jan 2025	369.25	376.95	377.00	368.00	0.655 times
02 Thu Jan 2025	373.25	368.80	374.00	367.30	0.617 times
01 Wed Jan 2025	368.80	366.90	370.35	362.70	0.477 times
31 Tue Dec 2024	365.35	365.75	368.50	361.05	0.501 times
30 Mon Dec 2024	367.70	355.00	368.95	352.20	2.679 times
27 Fri Dec 2024	352.55	346.75	353.90	346.45	0.796 times
26 Thu Dec 2024	346.45	342.75	347.90	339.90	0.958 times
24 Tue Dec 2024	344.50	332.55	347.70	332.05	2.105 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 385.5, for a target of 370.1 or 357.17

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	303.00
Downside Target	329.00
Downside Target	346.75
Downside Target	368.30
Downside Target	371.80
Downside Target	377.00
Downside Target	380.80
Downside Target	381.50
Upside Target	388.95
Upside Target	395.80

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	363.08
Downside Intraday Target	343.82
Upside Intraday Target	395.28
Upside Intraday Target	408.22
Downside Intraday Target	376.02

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	382.35	369.45	388.95	356.75	1.356 times
03 Fri Jan 2025	369.25	355.00	377.00	352.20	1.102 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

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
07 Tue Jan 2025	382.35	366.90	388.95	356.75	0.408 times
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

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 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 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 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 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 Strong 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 tired and bears are picking up momentum.

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 368.08 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.