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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 2025-01-16 View latest technical analysis

10 day averaged volume of Biocon is 7997672

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	393.15	384.05	396.75	382.10	1.307 times
15 Wed Jan 2025	382.05	390.10	391.50	378.45	0.751 times
14 Tue Jan 2025	387.65	371.85	391.20	370.25	2.122 times
13 Mon Jan 2025	365.20	371.00	377.50	360.45	2.973 times
10 Fri Jan 2025	360.95	369.95	370.55	357.95	0.278 times
09 Thu Jan 2025	370.70	371.20	376.00	369.00	0.212 times
08 Wed Jan 2025	371.20	381.00	383.65	368.40	0.407 times
07 Tue Jan 2025	382.35	363.10	388.95	363.10	2.49 times
06 Mon Jan 2025	358.10	369.45	372.80	356.75	0.245 times
03 Fri Jan 2025	369.25	376.95	377.00	368.00	0.268 times

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 399.7, for a target of 380.1 or 363.75

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	303.00
Downside Target	329.00
Downside Target	351.00
Downside Target	368.30
Downside Target	371.80
Downside Target	377.00
Downside Target	381.50
Downside Target	388.95
Upside Target	395.80
Upside Target	396.75

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	370.15
Downside Intraday Target	347.15
Upside Intraday Target	406.45
Upside Intraday Target	419.75
Downside Intraday Target	383.45

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	393.15	371.00	396.75	360.45	1.969 times
10 Fri Jan 2025	360.95	369.45	388.95	356.75	1.802 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Biocon (BIOCON)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	393.15	366.90	396.75	356.75	1.361 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 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 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 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 377.98 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.