(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 2024-11-05 View latest technical analysis
10 day averaged volume of Biocon is 191439
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 315.65 | 310.50 | 316.75 | 309.15 | 1.429 times |
| 04 Mon Nov 2024 | 311.00 | 317.05 | 317.05 | 306.20 | 2.156 times |
| 01 Fri Nov 2024 | 317.90 | 314.55 | 318.95 | 314.55 | 0.252 times |
| 31 Thu Oct 2024 | 316.15 | 301.65 | 323.25 | 301.65 | 2.787 times |
| 30 Wed Oct 2024 | 320.80 | 325.90 | 327.40 | 319.05 | 1.519 times |
| 29 Tue Oct 2024 | 326.85 | 324.70 | 328.05 | 316.00 | 0.417 times |
| 28 Mon Oct 2024 | 323.30 | 314.00 | 325.70 | 313.30 | 0.844 times |
| 25 Fri Oct 2024 | 312.55 | 324.45 | 324.50 | 304.80 | 0.691 times |
| 24 Thu Oct 2024 | 322.25 | 325.75 | 328.75 | 320.10 | 0.654 times |
| 23 Wed Oct 2024 | 325.30 | 323.05 | 333.45 | 322.35 | 0.373 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 317.6, but if it comes above 317.6, then a intra day buy could be more profitable.
If you take a sell trade below 317.6, then use 317.6 as stoploss and 301.8 as target. However if you take a buy trade in stock , then use 317.6 as stoploss and 330.87 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 301.65 |
| Upside Target | 317.05 |
| Upside Target | 334.80 |
| Upside Target | 343.15 |
| Upside Target | 351.10 |
| Upside Target | 352.30 |
| Upside Target | 353.30 |
| Upside Target | 370.25 |
| Upside Target | 371.85 |
| Upside Target | 376.75 |
| Upside Target | 395.65 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 308.88 |
| Downside Intraday Target | 302.12 |
| Upside Intraday Target | 319.73 |
| Upside Intraday Target | 323.82 |
| Downside Intraday Target | 312.97 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 315.65 | 317.05 | 317.05 | 306.20 | 0.616 times |
| 01 Fri Nov 2024 | 317.90 | 314.00 | 328.05 | 301.65 | 2.411 times |
| 25 Fri Oct 2024 | 312.55 | 340.10 | 343.15 | 304.80 | 0.93 times |
| 18 Fri Oct 2024 | 339.75 | 346.00 | 353.30 | 332.40 | 1.004 times |
| 11 Fri Oct 2024 | 345.95 | 346.20 | 352.30 | 334.80 | 1.29 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 |
| 05 Tue Nov 2024 | 315.65 | 314.55 | 318.95 | 306.20 | 0.269 times |
| 31 Thu Oct 2024 | 316.15 | 363.00 | 371.85 | 301.65 | 0.493 times |
| 30 Mon Sep 2024 | 363.05 | 367.50 | 395.65 | 351.10 | 1.618 times |
| 30 Fri Aug 2024 | 359.30 | 361.30 | 370.25 | 323.55 | 0.924 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Strong and stock is gaining 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 moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
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 317.15 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Strong and stock is gaining 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 moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
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 317.15 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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