2021 Biocon (BIOCON) technical analysis [forecast] stock price targets
Biocon technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Biocon deals in Biotechnology Biocon option chain analysis
|17 Fri Sep||377.40||390.00||394.15||370.15||184.98 lakhs|
|16 Thu Sep||376.75||357.50||379.00||355.85||55.31 lakhs|
|15 Wed Sep||357.50||356.70||360.00||355.00||12.08 lakhs|
|14 Tue Sep||355.70||355.00||356.40||353.00||11.74 lakhs|
|13 Mon Sep||353.60||354.00||355.00||350.05||13.03 lakhs|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 377.5, for a target of 365.6 or 355.73
Daily Price action analysis of 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.
Daily Price action analysis of BIOCON based on a short to mid term time period is
Daily Price action analysis of BIOCON based on a 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.
Intraday technical analysis of Biocon
Stock is trading at 369.30 as on 20 Mon Sep 11:50
Day open is at 376.00, day high is at 376.00, day low is at 368.00, and day volume is at 282.28 lakhs so far.
First 15 minute high low range is 368.00 - 376.00
First hour high low range is 368.00 - 376.00
|20 Mon Sep 11:50||369.30||376.00||376.00||368.00||1222072|
|20 Mon Sep 11:45||369.75||376.00||376.00||368.00||1201564|
|20 Mon Sep 11:40||370.75||376.00||376.00||368.00||1159907|
|20 Mon Sep 11:35||371.80||376.00||376.00||368.00||1135247|
|20 Mon Sep 11:30||371.35||376.00||376.00||368.00||1128586|
Prices of Biocon are surely coming down. Look for opportunities to sell in intraday.
Take a trade after 9:30am only.
Biocon (BIOCON) intraday stock price targets
- EntEntry: 372 or 377.9625
- Upside target: 376
- Downside target : 360
- Second Upside target: 385.78
- Second Downside target : 361.78
Biocon (BIOCON) weekly technical analysis
|17 Fri Sep||377.40||354.00||350.05
|09 Thu Sep||352.75||363.80||350.10
|03 Fri Sep||363.50||349.00||347.55
|27 Fri Aug||346.70||359.30||327.55
|20 Fri Aug||357.35||371.75||353.90
Weekly forecast of Biocon is positive. Buyers dominated the stock this week, and this trend might continue for a few days
Weekly Price action analysis of 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.
Weekly Price action analysis of 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.
Biocon (BIOCON) Monthly technical analysis
|17 Fri Sep||377.40||360.00||350.05
|31 Tue Aug||358.85||387.30||327.55
|30 Fri Jul||386.35||404.50||376.70
|30 Wed Jun||404.45||390.70||382.85
|31 Mon May||388.20||380.95||370.15
Monthly forecast of Biocon is positive. Buyers dominated the stock this month, and this trend might continue for a few days
Monthly Price action analysis of 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.
Monthly Price action analysis of Biocon based on a short to mid 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
Biocon Daily stock price targets
- Upside daily target: 389.45
- Downside daily target: 368.7
- Downside daily target: 350.48
Biocon Weekly stock price targets
- Upside weekly target: 424.95
- Upside weekly target: 397.65
- Upside weekly target: 378.43
- Downside weekly target: 359.71
- Downside weekly target: 341.04
- Downside weekly target: 319.73
Biocon Monthly stock price targets
- Upside monthly target: 506.8
- Upside monthly target: 467.05
- Upside monthly target: 438.23
- Upside monthly target: 407.83
- Upside monthly target: 386.41
- Downside monthly target: 363.73
- Downside monthly target: 317.28
Biocon (BIOCON) most active calls puts options
- CE of strike 400
- CE of strike 390
- CE of strike 380
- CE of strike 420
- CE of strike 410
- CE of strike 375
- CE of strike 450
- PE of strike 380
- CE of strike 385
- CE of strike 395
- PE of strike 360
- CE of strike 370
- PE of strike 370
- CE of strike 430
- PE of strike 350
- PE of strike 375
- CE of strike 405
- CE of strike 440
- PE of strike 340
- PE of strike 390
- PE of strike 330
- CE of strike 360
- CE of strike 415
- CE of strike 460
- PE of strike 365
- PE of strike 345
- PE of strike 385
- PE of strike 355
- PE of strike 335
- PE of strike 320
Biocon (BIOCON) indicators technical analysis
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.
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 but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term and BUY 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
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 371.25 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.