Biocon (BIOCON) Technical (Analysis) Reports Biocon ["Technical Analysis"] Reports -NSE Stock Exchange munafasutra.com
Complete & easy to understand technical analysis of Biocon (BIOCON)
Technical Analysis Report for NSE stock BIOCON Biocon. Dated: 28 Mar 2024 Updated Daily. Stock trades under Biotechnology in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock BIOCON Biocon then click here. or read Experts views on Biocon or Forecast & share price targets of Biocon
Biocon Opened at 260.00 and Closed at: 264.15, which is 2.86% of previous session's close. It moved within a range of 259.20 and 266.75
The session was a Bullish session with an average volume of 7744310, which is 2.16% of previous session's volumes.
- Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 261.68 and resistance for tomorrow is 269.23
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 259.98, 255.82 resistance for tomorrow's hourly charts is 267.53, 270.92
10 Day SMA for Biocon (BIOCON) is 254.17 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Biocon (BIOCON) is 264.33 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Biocon (BIOCON) is 270.47 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 259.56 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Biocon is 257.16 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Biocon is at 264.33 and 200 DMA is at 257.16, while 50 DMA and 100 DMA are at 270.47 and 259.56 respectively
Biocon (BIOCON) moving average of 20 SMA is at 264.33 and 20 EMA is at 261.74
Date | Closing Price | 20 SMA | 20 EMA |
28 Thu Mar | 264.15 | 264.33 | 261.74 |
27 Wed Mar | 256.60 | 264.68 | 261.49 |
26 Tue Mar | 257.70 | 265.63 | 262.01 |
22 Fri Mar | 252.20 | 266.4 | 262.46 |
21 Thu Mar | 248.70 | 267.44 | 263.54 |
20 Wed Mar | 246.85 | 268.54 | 265.1 |
Biocon (BIOCON) moving average of 50 SMA is at 270.47 and 50 EMA is at 265.57
Date | Closing Price | 50 SMA | 50 EMA |
28 Thu Mar | 264.15 | 270.47 | 265.57 |
27 Wed Mar | 256.60 | 270.94 | 265.63 |
26 Tue Mar | 257.70 | 271.43 | 266 |
22 Fri Mar | 252.20 | 271.76 | 266.34 |
21 Thu Mar | 248.70 | 272.36 | 266.92 |
20 Wed Mar | 246.85 | 273.02 | 267.66 |
Biocon (BIOCON) moving average of 100 SMA is at 259.56 and 100 EMA is at 262.87
Date | Closing Price | 100 SMA | 100 EMA |
28 Thu Mar | 264.15 | 259.56 | 262.87 |
27 Wed Mar | 256.60 | 259.17 | 262.84 |
26 Tue Mar | 257.70 | 258.82 | 262.97 |
22 Fri Mar | 252.20 | 258.43 | 263.08 |
21 Thu Mar | 248.70 | 258.1 | 263.3 |
20 Wed Mar | 246.85 | 257.84 | 263.59 |
Biocon (BIOCON) moving average of 200 SMA is at 257.16 and 200 EMA is at 259.78
Date | Closing Price | 200 SMA | 200 EMA |
28 Thu Mar | 264.15 | 257.16 | 259.78 |
27 Wed Mar | 256.60 | 257.04 | 259.74 |
26 Tue Mar | 257.70 | 256.97 | 259.77 |
22 Fri Mar | 252.20 | 256.9 | 259.79 |
21 Thu Mar | 248.70 | 256.85 | 259.87 |
20 Wed Mar | 246.85 | 256.82 | 259.98 |
Related Company | CMP | Open | More... |
Alpa Laboratories | 83.25 | 85.05 | Tips NEWS Tomorrow Forecast Targets ExpertsView Analysis Munafa AI prediction |
Panacea Biotec | 121.55 | 123.90 | Tips NEWS Tomorrow Forecast Targets ExpertsView Analysis Munafa AI prediction |
Biocon has performed better than Alpa Laboratories in short term. Holding Biocon could be a better choice for now!
Biocon has performed better than Panacea Biotec in short term. Holding Biocon could be a better choice for now!
Biocon Technical analysis of indicators
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.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Weak 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. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term but selling 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 255.35 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock BIOCON Biocon These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And BIOCON Experts View which covers a lot of information including buying and selling signals
BIOCON future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Biocon or View Candle Stick Charts here
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