Is BIOCON in uptrend or downtrend?

In the short term price movements in BIOCON share indicates the market is Bearish but has taken halt for sometime.

What is BIOCON share price forecast for tomorrow?

In Biocon Limited stock current resistance level is at 393 and support level is at 366. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are BIOCON support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Biocon Limited in the short-term, the supply zone around 393 and 390. Hence, good chances of resistance around 390. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Biocon Limited share is around 366 and 370. Hence, good chances for support around 370.

Why is BIOCON share price falling today?

Latest analysis on BIOCON stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents bearishness. That's why BIOCON stock is having a fall today.

BIOCON Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data