BIOCON NEWS why is Biocon Limited price falling or rising

BIOCON NEWS reasons for why stock price of Biocon Limited is falling or rising

BIOCON Biocon is falling or rising technical reasons

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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Biocon is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Biocon stays above 372.9, but if it comes below 372.9, then a intra day sell could be more profitable.
If you take a sell trade below 372.9, then use 372.9 as stoploss and 361.77 as target. However if you take a buy trade in Biocon, then use 372.9 as stoploss and 386.2 as target.

BIOCON Biocon is falling or rising NEWS fundamental reasons

Company Announcement Biocon Limited has informed the Exchange about Meeting conducted with Institutional Investors/ Research Analysts - NEWS as on 2024-09-09

Company Announcement - NEWS as on 2024-09-04

Company Announcement Biocon Limited has informed the Exchange about Meeting conducted with Institutional Investors/ Research Analysts. - NEWS as on 2024-09-03

Company Announcement Biocon Limited has informed the Exchange regarding 'Notification to Stock Exchanges'. - NEWS as on 2024-09-02

Company Announcement Biocon Limited has informed the Exchange regarding 'Notification to Stock Exchange'. - NEWS as on 2024-09-02

Company Announcement Biocon Limited has informed the Exchange about Credit Rating - NEWS as on 2024-09-02

Company Announcement Biocon Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-08-26

Company Announcement Biocon Limited has informed the Exchange regarding 'Meeting conducted with Institutional Investors/ Research Analysts'. - NEWS as on 2024-08-19

More announcements and NEWS

BIOCON Biocon Limited current price & indicator signals

Moving Averages for Biocon Limited

  • 5Day Average: 375.09
  • 12Day Average: 364.48
  • 20Day Average: 358.88
  • 50Day Average: 353.51
  • 100Day Average: 336.63
  • 150Day Average: 314.37
  • 200Day Average: 300.86

BIOCON Indicators & signals

Indicator MACD (12,26,9)

366.84, 359.27, 5.06
Indicator MACD is in positive zone

Indicator ADX (14)

20.57, 23.87, 15.73
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
09 Mon Sep 2024 377.60 366.15 to 379.65 1.04% 0.91 times
06 Fri Sep 2024 373.70 369.05 to 385.90 -2.39% 1.01 times
05 Thu Sep 2024 382.85 380.70 to 394.70 0.91% 2.56 times
04 Wed Sep 2024 379.40 355.25 to 383.20 4.84% 1.74 times
03 Tue Sep 2024 361.90 361.05 to 366.70 -0.41% 0.36 times
02 Mon Sep 2024 363.40 359.00 to 368.00 1.2% 0.74 times
30 Fri Aug 2024 359.10 355.55 to 362.95 1.03% 0.39 times
29 Thu Aug 2024 355.45 350.05 to 364.95 0% 0.75 times
29 Thu Aug 2024 355.45 350.05 to 364.95 0% 0.75 times
29 Thu Aug 2024 355.45 350.05 to 364.95 -0.35% 0.75 times
28 Wed Aug 2024 356.70 353.75 to 363.75 1.12% 0.95 times
27 Tue Aug 2024 352.75 351.85 to 356.25 -0.14% 0.17 times

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BIOCON NEWS why is Biocon Limited price falling or rising

 

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