Overall Technical outlook

Price Summary

On 2025-09-03, Biocon Limited's stock opened at 355.5, spiked to 363.5, declined to 353.85, and closed 1.7% up at 361.55, with 2632107 shares traded.
During the 52-week span, the stock hit a high of 401.55 and a low of 302.45.
The future price of BIOCON is projected to range from 270.0 to 465.0, with an average expected price of 382.9, according to 20 analysts.

Technicals

Support and Resistance: The current price is 361.55, with support at 357.75 and resistance at 369.35. This range suggests that the price might move between these levels, with 357.75 offering support and 369.35 capping further gains for Biocon Limited.
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Support/Resistance for BIOCON


Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for BIOCON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Aroon chart for Biocon Limited


Bol. Bands: The BOLL BANDS is in a neutral stance for BIOCON, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for Biocon Limited


Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains.
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Parabolic Stop and Reverse chart for Biocon Limited


Stochastic: The current state of the STOCHASTIC 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.
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Stochastic chart for Biocon Limited


Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Tripple SMA chart for Biocon Limited


The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.