Pharmaceuticals & Drugs

CONCORDBIO

Concord Biotech Ltd.

Caution — weak structure

Late Stage
VCP active Vol compression

Setup readiness

Late Stage

Pivot Levels
₹1231.7-1414.9
Support Level
₹1312.7
Resistance
₹1689.5
Risk Distance
7.2% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
42.0
ADX
29.0
Vol
52.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Weak structure

Stage 3 trend context — relative strength and breakout quality remain primary constraints.

Relative strength Weak
Breakout readiness Low
Accumulation Distribution pressure

Bullish factors

  • MACD below zero — weak trend (−2).
  • Relative strength remains below leadership thresholds.
  • Still materially below prior highs, which limits momentum quality.
  • Trend stage reads as Stage 3 — not in a classic Stage 2 advance.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • ATR 4.0%/day — healthy volatility (+4).
  • Pivot type: flat-top — premium structure.
  • RSI 54 — ideal setup zone.
  • Price has built a constructive advance from the 52-week low.
  • Distribution pressure visible across recent sessions.
  • Pocket pivot detected, but broader structure still shows distribution pressure.
  • Recent volume expansion — institutional participation may be returning.
  • Volume flow suggests quiet institutional accumulation.

Risk factors

  • Heavy overhead supply (62%) — trapped sellers above
  • Not in a Stage 2 uptrend (Stage 3)

Overall view

Localized accumulation signals (such as a pocket pivot) are present, but broader volume flow still reflects distribution pressure. Overall setup quality remains limited despite any localized compression or accumulation cues.

Size this trade

Setup research

CONCORDBIO — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Building toward the pivot (9% below)

  • Volume drying up into the base — supply fading

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 3 — caution
  • Sector Mid-pack (#20/40)
  • Relative strength Lagging (RS 42)
  • Trend strength Strong (ADX 29)

Negatives

This idea is wrong below ₹1312.7 (-2.1% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹1312.7
  • Pivot — failure re-entry below₹1407.9

Risk distance

7.2% to stop
1.8× ATR
2.7× R:R
19.4% reward

Risk ≈ ₹102.23/share from entry ₹1414.9.

Reasons to skip 2

Disqualifiers that apply even if the score looks good.

  • Heavy overhead supply (62%) — trapped sellers above
  • Not in a Stage 2 uptrend (Stage 3)
Setup metrics Latest scan

CONCORDBIO Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish
POC₹1059.28
VAH₹1237.84
VAL₹1021.01
Vol above POC83.9%
Institutional Activity — Distribution
Avg cost basis₹1207.05
Acc zone₹1036.2–1349.9
Accumulation Sessions2
CMF-0.19

Structure

Trend / stage
Stage 3
Base
Weekly trend
Above 30-wk MA (flat)
Above 30W
RS rank
42.0
Weakening
ADX
29.0
Strong

Momentum

RSI
54.0
Neutral
Recent move (10d / 20d)
-4.3% / +17.0%
Constructive
Volume quality
52.0
Building
Relative strength
Lagging
Neutral

Risk

Failure risk
34.0
Moderate
ATR % / day
4.0%
Healthy
Distribution
0 day(s)
Compression
Volatility
5 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 29.9%
VCP waves 5x
Vol dry-up Yes
Avg value ₹54.7 Cr
Failure flags Overhead supply, RS laggard

CONCORDBIO Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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CONCORDBIO FAQ Common swing-trading questions

Frequently asked questions about CONCORDBIO

What are the screener observations for CONCORDBIO?

On Swing Edge's swing-setup framework, Concord Biotech Ltd. (CONCORDBIO) currently grades C — mixed — needs patience. Building toward the pivot (9% below). Flagged today. This is educational research, not investment advice.

What are CONCORDBIO's support and resistance levels?

For CONCORDBIO, near-term support sits around ₹1,312.7 (the base/stop zone); overhead resistance is around ₹1,407.9 (the breakout pivot); the next resistance above is ₹1,689.5. This is educational research, not investment advice.

What is the breakout / pivot level for CONCORDBIO?

The breakout pivot for CONCORDBIO is around ₹1,407.9. Price is about 8.7% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is CONCORDBIO above its 50-day and 200-day moving averages?

CONCORDBIO is currently in Stage 3, not a confirmed Stage 2 uptrend, so trend support from the key moving averages is weaker than ideal for a swing entry. This is educational research, not investment advice.

How strong is CONCORDBIO versus the market (RS rank)?

CONCORDBIO has a relative strength (RS) rank of 42 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 29, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.