(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)
Showing technical analysis as on 2024-03-27 View latest technical analysis
10 day averaged volume of Biocon is 268018
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 256.60 | 256.25 | 263.00 | 255.75 | 1.132 times |
26 Tue Mar 2024 | 258.00 | 252.45 | 259.00 | 251.50 | 0.648 times |
22 Fri Mar 2024 | 252.15 | 249.15 | 254.65 | 248.90 | 0.874 times |
21 Thu Mar 2024 | 248.70 | 248.50 | 252.35 | 247.45 | 0.652 times |
20 Wed Mar 2024 | 247.00 | 246.25 | 249.35 | 244.40 | 0.61 times |
19 Tue Mar 2024 | 245.55 | 251.45 | 252.45 | 245.00 | 0.677 times |
18 Mon Mar 2024 | 250.45 | 252.50 | 254.55 | 247.85 | 1.107 times |
15 Fri Mar 2024 | 251.65 | 263.05 | 263.05 | 250.25 | 0.953 times |
14 Thu Mar 2024 | 266.95 | 250.45 | 273.45 | 250.00 | 1.198 times |
13 Wed Mar 2024 | 253.10 | 271.00 | 273.50 | 251.00 | 2.181 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 252 as stoploss in an intra day buy trade for a target of 264.66. However, stock will show a bearish move below 252.
Share price targets for Biocon (Biocon)
Target Type | Value |
Downside Target | 218.35 |
Downside Target | 236.80 |
Downside Target | 244.40 |
Downside Target | 249.50 |
Upside Target | 267.55 |
Upside Target | 269.35 |
Upside Target | 282.15 |
Upside Target | 286.30 |
Upside Target | 287.25 |
Upside Target | 294.65 |
Upside Target | 307.00 |
Intraday share price targets for Biocon (Biocon)
Target Type | Value |
Downside Intraday Target | 251.07 |
Downside Intraday Target | 245.53 |
Upside Intraday Target | 262.57 |
Upside Intraday Target | 268.53 |
Upside Intraday Target | 257.03 |
Weekly technical analysis of Biocon (Biocon)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 256.60 | 252.45 | 263.00 | 251.50 | 0.454 times |
22 Fri Mar 2024 | 252.15 | 252.50 | 254.65 | 244.40 | 0.659 times |
15 Fri Mar 2024 | 251.65 | 284.40 | 286.30 | 250.00 | 1.218 times |
07 Thu Mar 2024 | 281.85 | 277.45 | 287.25 | 269.35 | 0.191 times |
02 Sat Mar 2024 | 276.85 | 275.45 | 282.15 | 267.55 | 2.488 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 |
27 Wed Mar 2024 | 256.60 | 276.45 | 287.25 | 244.40 | 0.319 times |
29 Thu Feb 2024 | 276.50 | 268.50 | 307.00 | 261.00 | 1.701 times |
31 Wed Jan 2024 | 268.50 | 250.00 | 294.65 | 249.50 | 1.778 times |
29 Fri Dec 2023 | 249.75 | 240.05 | 257.65 | 236.80 | 1.55 times |
Scroll below to view daily charts
Price has moved down 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Biocon in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 253.79 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biocon ( (Biocon) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Biocon in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 253.79 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow