Stock analysis Biocon Limited BIOCON
More indepth analysis on MunafaSutra.com
Recent prices of BIOCON Biocon Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Thu Dec 2024 | 346.45 | 339.90 to 347.90 | 0.57% | 1.11 times |
| 24 Tue Dec 2024 | 344.50 | 332.05 to 347.70 | 4.54% | 2.44 times |
| 23 Mon Dec 2024 | 329.55 | 329.00 to 339.60 | -1.91% | 0.71 times |
| 20 Fri Dec 2024 | 335.95 | 335.15 to 351.30 | -4.11% | 1.02 times |
| 19 Thu Dec 2024 | 350.35 | 342.50 to 351.55 | 0.66% | 0.61 times |
| 18 Wed Dec 2024 | 348.05 | 346.45 to 357.80 | 0% | 1.17 times |
| 18 Wed Dec 2024 | 348.05 | 346.45 to 357.80 | -0.83% | 1.17 times |
| 17 Tue Dec 2024 | 350.95 | 349.45 to 354.85 | -0.78% | 0.55 times |
| 16 Mon Dec 2024 | 353.70 | 350.75 to 358.65 | 0.26% | 0.77 times |
| 13 Fri Dec 2024 | 352.80 | 346.75 to 356.80 | -1.09% | 0.93 times |
| 12 Thu Dec 2024 | 356.70 | 355.50 to 369.35 | -3.03% | 0.63 times |
| 11 Wed Dec 2024 | 367.85 | 367.00 to 372.20 | -0.37% | 0.35 times |
Technical analysis forecast for Biocon Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Biocon Limited BIOCON at this time. Stock is falling and might fall more.
It appears as if Biocon Limited BIOCON gave a large move recently.
Stock of Biocon Limited (BIOCON) 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...
My analysis of Biocon Limited is bearish for shortterm, and stock might move down till 335.4 or till 318. Use a stoploss of 349.82 and if the stock hits stoploss, then it can shoot up till 364.26