Overall Technical outlook

Price Summary

On 2025-12-15, Biocon Limited's stock opened at 389.0, spiked to 391.6, declined to 383.55, and closed 0.42% higher at 390.65, with 1454213 shares traded.
In the 52-week period, the stock's peak price is 421.6, and the lowest price recorded is 302.45.
Future price predictions suggest a range between 290.0 and 580.0, with an average expected price of 415.35, as per 20 analysts.

Technicals

Support and Resistance: The price for BIOCON is 390.65, with support at 380.4 and resistance at 393.25. This suggests a range where 380.4 acts as a base, preventing declines, and 393.25 caps gains, defining key trading levels.
BIOCON supportResistance a276bc
Support/Resistance for BIOCON


Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
BIOCON aroon a276bc
Aroon chart for Biocon Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for BIOCON, with no strong trend emerging.
BIOCON bbands a276bc
Bolinger Bands chart for Biocon Limited


Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for BIOCON. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check.
BIOCON psar a276bc
Parabolic Stop and Reverse chart for Biocon Limited


Stochastic: The current state of the STOCHASTIC is neutral for BIOCON, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
BIOCON stoch a276bc
Stochastic chart for Biocon Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
BIOCON trippleSMA a276bc
Tripple SMA chart for Biocon Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.