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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 2025-01-22 View latest technical analysis

10 day averaged volume of Biocon is 8316852

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	388.05	390.55	392.35	380.10	0.34 times
21 Tue Jan 2025	390.55	403.00	404.70	389.25	0.563 times
20 Mon Jan 2025	401.55	395.00	402.90	390.75	0.965 times
17 Fri Jan 2025	393.70	394.00	397.80	387.35	0.73 times
16 Thu Jan 2025	393.15	384.05	396.75	382.10	1.257 times
15 Wed Jan 2025	382.05	390.10	391.50	378.45	0.722 times
14 Tue Jan 2025	387.65	371.85	391.20	370.25	2.041 times
13 Mon Jan 2025	365.20	371.00	377.50	360.45	2.859 times
10 Fri Jan 2025	360.95	369.95	370.55	357.95	0.267 times
09 Thu Jan 2025	370.70	371.20	376.00	369.00	0.204 times

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 388.9 as stoploss in an intra day sell trade for a target of 374.43. However, stock will show a bullish move above 388.9.

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	380.10
Downside Target	381.50
Upside Target	388.95
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	377.2
Downside Intraday Target	366.35
Upside Intraday Target	401.8
Upside Intraday Target	415.55
Upside Intraday Target	390.95

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	388.05	395.00	404.70	380.10	0.246 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
22 Wed Jan 2025	388.05	366.90	404.70	356.75	1.681 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing momentum.

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

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 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 382.39 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.