Stock analysis Biocon Limited BIOCON
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Recent prices of BIOCON Biocon Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Wed Apr 2024 | 289.60 | 281.40 to 295.00 | 3.37% | 3.54 times |
| 23 Tue Apr 2024 | 280.15 | 271.30 to 281.00 | 3.32% | 1.48 times |
| 22 Mon Apr 2024 | 271.15 | 262.15 to 272.50 | 3.63% | 1.23 times |
| 19 Fri Apr 2024 | 261.65 | 259.85 to 265.35 | -2.08% | 0.78 times |
| 18 Thu Apr 2024 | 267.20 | 265.80 to 275.50 | 1.31% | 1.36 times |
| 16 Tue Apr 2024 | 263.75 | 262.25 to 269.00 | -0.57% | 0.5 times |
| 15 Mon Apr 2024 | 265.25 | 262.10 to 271.75 | -3.19% | 0.58 times |
| 12 Fri Apr 2024 | 274.00 | 273.10 to 283.15 | -1.55% | 0.99 times |
| 10 Wed Apr 2024 | 278.30 | 272.00 to 283.20 | 2.58% | 2.09 times |
| 09 Tue Apr 2024 | 271.30 | 269.50 to 276.95 | -0.91% | 0.4 times |
| 08 Mon Apr 2024 | 273.80 | 267.70 to 277.10 | 1.05% | 0.6 times |
| 05 Fri Apr 2024 | 270.95 | 269.00 to 272.90 | 0.26% | 0.32 times |
Technical analysis forecast of Biocon Limited 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 Limited BIOCON at this time. Stock is rising and might rise more.
It appears as if Biocon Limited BIOCON gave a large move recently.
Stock of Biocon Limited (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.
Although my analysis for Biocon Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 289, for a target of 279 or 270.61