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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 2025-01-21 View latest technical analysis

10 day averaged volume of Biocon is 9840250

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	390.55	403.00	404.70	389.25	0.476 times
20 Mon Jan 2025	401.55	395.00	402.90	390.75	0.816 times
17 Fri Jan 2025	393.70	394.00	397.80	387.35	0.617 times
16 Thu Jan 2025	393.15	384.05	396.75	382.10	1.062 times
15 Wed Jan 2025	382.05	390.10	391.50	378.45	0.61 times
14 Tue Jan 2025	387.65	371.85	391.20	370.25	1.725 times
13 Mon Jan 2025	365.20	371.00	377.50	360.45	2.417 times
10 Fri Jan 2025	360.95	369.95	370.55	357.95	0.226 times
09 Thu Jan 2025	370.70	371.20	376.00	369.00	0.173 times
08 Wed Jan 2025	371.20	381.00	383.65	368.40	0.331 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 387.8, but if it comes below 387.8, then a intra day sell could be more profitable.
If you take a sell trade below 387.8, then use 387.8 as stoploss and 372.25 as target. However if you take a buy trade in stock , then use 387.8 as stoploss and 406.4 as target.

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	377.00
Downside Target	381.50
Downside Target	388.95
Downside Target	389.25
Upside Target	395.80
Upside Target	397.80
Upside Target	404.70

Intraday share price targets for Biocon (BIOCON)

Target Type	Value
Downside Intraday Target	384.97
Downside Intraday Target	379.38
Upside Intraday Target	400.42
Upside Intraday Target	410.28
Upside Intraday Target	394.83

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	390.55	395.00	404.70	389.25	0.201 times
17 Fri Jan 2025	393.70	371.00	397.80	360.45	2.178 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

Price has moved down 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
21 Tue Jan 2025	390.55	366.90	404.70	356.75	1.639 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, and volume has increased substantially. This means that the move can 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 381.76 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.