Overall Technical outlook

Price Summary

On 2025-10-16, Biocon Limited's stock began at 356.45, peaked at 360.1, bottomed at 356.0, and closed 0.49% up at 358.2, with a volume of 1381647 shares.
The stock reached its highest price of 401.55 and lowest price of 302.45 over the last 52 weeks.
The future price of BIOCON is anticipated to range from 270.0 to 465.0, with an expected mean price of 378.45, according to the recommendations of 20 analysts.

Technicals

Support and Resistance: The price for BIOCON is 358.2, with support at 352.65 and resistance at 369.35. This suggests a range where 352.65 acts as a base, preventing declines, and 369.35 caps gains, defining key trading levels.
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Support/Resistance for BIOCON


Aroon: The AROON indicator is signaling a robust bullish trend, as the Aroon Up has moved higher and the Aroon Oscillator has reversed. These movements suggest a reversal to an upward trend, indicating that market sentiment is turning more positive. Investors may see this as a sign of potential future gains, with the market likely to continue its upward trajectory.
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Aroon chart for Biocon Limited


Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Bolinger Bands chart for Biocon Limited


Parabolic SAR: The PSAR for BIOCON maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Biocon Limited


Stochastic: The stochastic indicator is in a bullish phase, as the K-line is above the D-line and the 80 mark. This setup suggests strong upward momentum, implying that BIOCON may continue to experience gains. Investors may consider this a positive signal for continued market growth.
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Stochastic chart for Biocon Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages for Biocon Limited currently indicates a bullish trend, but the declining momentum in the slopes of the 20 and 50 SMAs suggests that this trend may be weakening. The loss of steam in these short-term averages could be a signal that the market is approaching a potential reversal, with a bearish shift in price action possibly on the horizon.
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Tripple SMA chart for Biocon Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.