Overall Technical outlook

Price Summary

Biocon Limited's stock, on 2025-08-13 opened at 355.45, climbed to a high of 361.9, dropped to a low of 354.0, and closed up 1.35% at 360.25, with 2377375 shares traded.
In the 52-week period, the stock's peak price is 401.55, and the lowest price recorded is 302.45.
20 analysts predict that the future price of BIOCON will be in the range of 270.0 to 465.0, with a mean expected price of about 382.9.

Technicals

Support and Resistance: The current price for BIOCON is 360.25, supported at 348.15 with resistance at 369.35. This indicates a trading range where 348.15 might prevent further declines, while 369.35 could hinder additional gains.
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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.
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Aroon chart for Biocon Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Bolinger Bands chart for Biocon Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for BIOCON.
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Parabolic Stop and Reverse chart for Biocon Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Stochastic chart for Biocon Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Biocon Limited. This suggests a period of market balance, where neither side is showing dominance.
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Tripple SMA chart for Biocon Limited


To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.