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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.

10 day averaged volume of Biocon is 6448650

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	359.90	372.00	372.45	350.40	0.606 times
27 Mon Jan 2025	370.25	388.25	388.25	369.40	0.511 times
24 Fri Jan 2025	388.25	397.30	397.80	386.40	0.456 times
23 Thu Jan 2025	397.30	385.55	399.65	385.55	0.498 times
22 Wed Jan 2025	388.05	390.55	392.35	380.10	0.439 times
21 Tue Jan 2025	390.55	403.00	404.70	389.25	0.726 times
20 Mon Jan 2025	401.55	395.00	402.90	390.75	1.245 times
17 Fri Jan 2025	393.70	394.00	397.80	387.35	0.941 times
16 Thu Jan 2025	393.15	384.05	396.75	382.10	1.621 times
15 Wed Jan 2025	382.05	390.10	391.50	378.45	0.931 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 365.6, but if it comes above 365.6, then a intra day buy could be more profitable.
If you take a sell trade below 365.6, then use 365.6 as stoploss and 349.9 as target. However if you take a buy trade in stock , then use 365.6 as stoploss and 378.61 as target.

Share price targets for Biocon (BIOCON)

Target Type	Value
Downside Target	303.00
Downside Target	329.00
Downside Target	350.40
Upside Target	368.30
Upside Target	380.10
Upside Target	381.50
Upside Target	388.25
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	344.12
Downside Intraday Target	328.33
Upside Intraday Target	381.97
Upside Intraday Target	404.03
Upside Intraday Target	366.18

Weekly technical analysis of Biocon (BIOCON)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	359.90	388.25	388.25	350.40	0.332 times
24 Fri Jan 2025	388.25	395.00	404.70	380.10	0.343 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

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
28 Tue Jan 2025	359.90	366.90	404.70	350.40	1.879 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 down 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 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 short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.

Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Biocon in short term and SELL signal is strong!

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 388.7 and Biocon (BIOCON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Biocon (BIOCON) stock. Volume based technical analysis of Biocon (BIOCON) stock is negative.

Biocon Stock has given negative 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.