NSE Stock BIOCON Historical charts - Biocon Limited

Historical charts for Stock BIOCON - Share Biocon Limited trades in NSE under Biotechnology

Moving Averages for

  • 5Day Average: 268.78
  • 12Day Average: 270.65
  • 20Day Average: 266.97
  • 50Day Average: 269.63
  • 100Day Average: 265.54
  • 150Day Average: 258.79

BIOCON Indicators & signals

Indicator MACD (12,26,9)

269.67, 268.35, 0.44
Indicator MACD is in positive zone

Indicator ADX (14)

27.73, 30.58, 17.3
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BIOCON are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Tue Apr 2024 280.15 271.30 to 281.00 3.32% 1.68 times
22 Mon Apr 2024 271.15 262.15 to 272.50 3.63% 1.39 times
19 Fri Apr 2024 261.65 259.85 to 265.35 -2.08% 0.89 times
18 Thu Apr 2024 267.20 265.80 to 275.50 1.31% 1.53 times
16 Tue Apr 2024 263.75 262.25 to 269.00 -0.57% 0.56 times
15 Mon Apr 2024 265.25 262.10 to 271.75 -3.19% 0.66 times
12 Fri Apr 2024 274.00 273.10 to 283.15 -1.55% 1.12 times
10 Wed Apr 2024 278.30 272.00 to 283.20 2.58% 2.36 times
09 Tue Apr 2024 271.30 269.50 to 276.95 -0.91% 0.45 times
08 Mon Apr 2024 273.80 267.70 to 277.10 1.05% 0.68 times
05 Fri Apr 2024 270.95 269.00 to 272.90 0.26% 0.36 times
04 Thu Apr 2024 270.25 269.20 to 274.85 -0.86% 0.3 times

Technical analysis forecast of BIOCON Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in BIOCON BIOCON at this time. Stock is rising and might rise more.

It appears as if BIOCON BIOCON gave a large move recently.

Stock of BIOCON (BIOCON) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of BIOCON is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if BIOCON stays above 276.7, but if it comes below 276.7, then a intra day sell could be more profitable.
If you take a sell trade below 276.7, then use 276.7 as stoploss and 268.61 as target. However if you take a buy trade in BIOCON, then use 276.7 as stoploss and 286.4 as target.

Tomorrow's movement Prediction of BIOCON appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of BIOCON is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 268.58

Munafa value: 75

 Munafa value: 75

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock BIOCON Historical charts - Share Biocon Limited

 

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