Overall Technical outlook

Price Summary

With a 2.51% boost, Biocon Limited enjoyed a robust day in the stock market.
On 2025-07-15, Biocon Limited's stock began at 380.9, peaked at 391.5, declined to 380.75, and ended the day 2.51% up at 390.45, with 7844480 shares traded.
In the last 52 weeks, the stock's top price was 401.55 and the bottom price was 302.45.
The future price of BIOCON is anticipated to range from 270.0 to 447.0, with an expected mean price of 377.7, according to the recommendations of 20 analysts.

Technicals

Support and Resistance: At 390.45, the price is supported at 388.05 and faces resistance at 388.05. This range suggests that the price for BIOCON might stay between these levels, with 388.05 acting as a floor and 388.05 as a ceiling.
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Support/Resistance for BIOCON


Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction.
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Aroon chart for Biocon Limited


Bol. Bands: The current price has broken above the upper Bollinger Band, signaling a bullish move for BIOCON in its latest action. This breakout suggests that buying momentum is building, driving the price higher than usual. Traders may view this as a positive sign, indicating the possibility of continued price increases.
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Bolinger Bands chart for Biocon Limited


Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for BIOCON. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for Biocon Limited


Stochastic: BIOCON's stochastic indicator reflects a bullish trend, with the K-line positioned above the D-line and surpassing the 80 threshold. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors could interpret this as a positive signal for further gains.
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Stochastic chart for Biocon Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Biocon Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action.
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Tripple SMA chart for Biocon Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.