Biocon Technical Analysis

Biocon Ltd Technical Analysis

Biocon Ltd technical analysis is gaining attention among traders and investors tracking Biocon Ltd Technical Analysis trends in the Indian stock market. Biocon Ltd (NSE: BIOCON, BSE: 532523) is currently trading at ₹359.05, showing a 0.27% move as of Thu, Apr 30, 2026.

This detailed Biocon Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Biocon Ltd Stock Overview

Biocon Ltd operates in the Health technology sector under the Pharmaceuticals: major industry. With a market capitalization of ₹580.04B and a PE ratio of 74.32, Biocon Ltd remains a key stock to watch in Biocon Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹580.04B
• PE Ratio: 74.32
• Dividend Yield: 0.14
• Sector: Health technology
• Industry: Pharmaceuticals: major

These fundamentals play an important role in Biocon Ltd technical analysis and valuation tracking.

Biocon Ltd Support and Resistance Levels

Classic Pivot Levels

In Biocon Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 464.67
• Resistance 2: 419.17
• Resistance 1: 390.03
• Pivot Point: 373.67
• Support 1: 344.53
• Support 2: 328.17
• Support 3: 282.67

Conditional Insight

Biocon Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 344.53 and 328.17.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Biocon Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 419.17
• Fibonacci R2: 401.79
• Fibonacci R1: 391.05
• Fibonacci Pivot: 373.67
• Fibonacci S1: 356.29
• Fibonacci S2: 345.55
• Fibonacci S3: 328.17

Biocon Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Biocon Ltd Moving Average Analysis

Moving averages are key indicators in Biocon Ltd technical analysis for identifying trend direction.

• 10 EMA: 358.73
• 20 EMA: 359.56
• 30 EMA: 362.06
• 50 EMA: 366.38
• 100 EMA: 370.94
• 200 EMA: 369.20

Trend Logic

Biocon Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Biocon Ltd technical analysis remains positive above 200 EMA.

Biocon Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 48.85
• MACD: -2.48
• Signal: -4.40
• ADX: 25.96
• Momentum: 9.10

RSI Logic

Biocon Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Biocon Ltd technical analysis indicates bearish momentum with MACD below signal line.

Biocon Ltd Overall Recommendation

• Overall Recommendation Score: -0.18
• Moving Average Recommendation: -0.27
• Other Indicators Recommendation: -0.09

Overall Biocon Ltd technical analysis sentiment remains neutral with mixed signals.

Biocon Ltd Technical Analysis Conclusion

Biocon Ltd technical analysis suggests that traders should closely monitor price action around ₹359.05 and key pivot level 373.67. Breakouts above resistance or breakdown below support will define the next trend in Biocon Ltd technical analysis.

Investors searching for Biocon Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Biocon Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.