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Biocon (532523) Technical (Analysis) Reports Biocon ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Biocon (532523)

Technical Analysis Report for BSE stock 532523 Biocon. Dated: 26 Nov 2024 Updated Daily. Stock trades in BSE stock exchange

If you are looking for Tomorrow's Movement Predictions for BSE stock 532523 Biocon then click here. or read Experts views on Biocon or Forecast & share price targets of Biocon

Biocon Opened at 337.95 and Closed at: 352.80, which is 4.69% of previous session's close. It moved within a range of 336.50 and 355.25
The session was a Bullish session with an average volume of 193945, which is 75.81% of previous session's volumes.

• The stock has shown an up move, and its short term trend is also positive and in an uptrend.
• 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.

A Golden cross was found 7 days back on short term averages

Support for tomorrow is 344.65 and resistance for tomorrow is 363.4
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 341.12, 329.43 resistance for tomorrow's hourly charts is 359.87, 366.93

10 Day SMA for Biocon (532523) is 335.96 and stock is trading above these levels. This is a good sign for its short term trend

20 Day SMA for Biocon (532523) is 328.17 and the stock is trading above these levels. This is a good sign for its mid term trend

50 Day SMA for Biocon (532523) is 343.84 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 349.5 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Biocon is 321.52 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Biocon is at 328.17 and 200 DMA is at 321.52, while 50 DMA and 100 DMA are at 343.84 and 349.5 respectively

Biocon (532523) moving average of 20 SMA is at 328.17 and 20 EMA is at 333.05

Biocon (532523) moving average of 50 SMA is at 343.84 and 50 EMA is at 338.66

Biocon (532523) moving average of 100 SMA is at 349.5 and 100 EMA is at 338.25

Biocon (532523) moving average of 200 SMA is at 321.52 and 200 EMA is at 323.37

Biocon Technical analysis of indicators

Price action analysis of Biocon (532523) 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 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. 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 and the buying is gaining 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 341.78 and Biocon 532523 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 532523 stock. Volume based technical analysis of Biocon 532523 stock is negative.

Biocon Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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 BSE stock 532523 Biocon These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And 532523 Experts View which covers a lot of information including buying and selling signals

532523 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