Concord Biotech Technical Analysis

Concord Biotech Ltd Technical Analysis

Concord Biotech Ltd technical analysis is gaining attention among traders and investors tracking Concord Biotech Ltd Technical Analysis trends in the Indian stock market. Concord Biotech Ltd (NSE: CONCORDBIO, BSE: 543960) is currently trading at ₹1092.30, showing a -0.79% move as of Mon, Mar 23, 2026.

This detailed Concord Biotech Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Concord Biotech Ltd Stock Overview

Concord Biotech Ltd operates in the Commercial services sector under the Miscellaneous commercial services industry. With a market capitalization of ₹114.29B and a PE ratio of 36.57, Concord Biotech Ltd remains a key stock to watch in Concord Biotech Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹114.29B
• PE Ratio: 36.57
• Dividend Yield: 0.98
• Sector: Commercial services
• Industry: Miscellaneous commercial services

These fundamentals play an important role in Concord Biotech Ltd technical analysis and valuation tracking.

Concord Biotech Ltd Support and Resistance Levels

Classic Pivot Levels

In Concord Biotech Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 1857.53
• Resistance 2: 1541.13
• Resistance 1: 1380.87
• Pivot Point: 1224.73
• Support 1: 1064.47
• Support 2: 908.33
• Support 3: 591.93

Conditional Insight

Concord Biotech Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 1064.47 and 908.33.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Concord Biotech Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 1541.13
• Fibonacci R2: 1420.27
• Fibonacci R1: 1345.60
• Fibonacci Pivot: 1224.73
• Fibonacci S1: 1103.87
• Fibonacci S2: 1029.20
• Fibonacci S3: 908.33

Concord Biotech Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Concord Biotech Ltd Moving Average Analysis

Moving averages are key indicators in Concord Biotech Ltd technical analysis for identifying trend direction.

• 10 EMA: 1122.24
• 20 EMA: 1149.59
• 30 EMA: 1168.46
• 50 EMA: 1205.65
• 100 EMA: 1297.78
• 200 EMA: 1432.21

Trend Logic

Concord Biotech Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Concord Biotech Ltd technical analysis remains positive above 200 EMA.

Concord Biotech Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 31.60
• MACD: -31.42
• Signal: -20.11
• ADX: 16.72
• Momentum: -142.70

RSI Logic

Concord Biotech Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Concord Biotech Ltd technical analysis indicates bearish momentum with MACD below signal line.

Concord Biotech Ltd Overall Recommendation

• Overall Recommendation Score: -0.56
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.18

Overall Concord Biotech Ltd technical analysis sentiment remains neutral with mixed signals.

Concord Biotech Ltd Technical Analysis Conclusion

Concord Biotech Ltd technical analysis suggests that traders should closely monitor price action around ₹1092.30 and key pivot level 1224.73. Breakouts above resistance or breakdown below support will define the next trend in Concord Biotech Ltd technical analysis.

Investors searching for Concord Biotech Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Concord Biotech Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.