Munafa Biocon Limited (BIOCON) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Biocon Limited (BIOCON) Indicator analysis

Biocon Limited stock tips (delivery Volume analysis)

Total 5 day volume for Biocon Limited is 11635851, out of which 5177349 went into delivery, which is 44.49 percent of total volumes

Volumes in the last session was 2148460, out of which 848132 went into delivery, which is 39.48 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Biocon BIOCON intraday stock tips

13 Tuesday January Stock tips for Biocon Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Biocon is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Biocon stays below 378.5, but if it comes above 378.5, then a intra day buy could be more profitable.
If you take a sell trade below 378.5, then use 378.5 as stoploss and 369.1 as target. However if you take a buy trade in Biocon, then use 378.5 as stoploss and 386.34 as target.

12 Monday January Stock tips for Biocon Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

Although my analysis for Biocon is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 371.1, for a target of 379.9 or 387.29

09 Friday January Stock tips for Biocon Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Biocon is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Biocon stays below 382.7, but if it comes above 382.7, then a intra day buy could be more profitable.
If you take a sell trade below 382.7, then use 382.7 as stoploss and 375.3 as target. However if you take a buy trade in Biocon, then use 382.7 as stoploss and 388.92 as target.

08 Thursday January Stock tips for Biocon Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

Although my analysis for Biocon is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 376.7, for a target of 383.9 or 389.9

07 Wednesday January Stock tips for Biocon Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

My analysis of Biocon is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 385.3 as stoploss in an intra day buy trade for a target of 391.16. However, stock will show a bearish move below 385.3.

06 Tuesday January Stock tips for Biocon Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

My analysis of Biocon is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Biocon stays below 385.6, but if it comes above 385.6, then a intra day buy could be more profitable.
If you take a sell trade below 385.6, then use 385.6 as stoploss and 378.3 as target. However if you take a buy trade in Biocon, then use 385.6 as stoploss and 391.59 as target.

05 Monday January Stock tips for Biocon Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

My analysis of Biocon is bearish for shortterm, and stock might move down till 386.2 or till 378.8. Use a stoploss of 392.27 and if the stock hits stoploss, then it can shoot up till 398.37

Biocon BIOCON tips for tomorrow

Tomorrow's movement Prediction of Biocon BIOCON appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of Biocon BIOCON is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Munafa value: 59

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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