The correction is overAfter taking support from the previous swing lows .it broke the falling trendline and now the retest is telling me this stock is changing direction slowly. Investors can definitely look at this stock now.
10.00INR
4.63 BINR
110.74 BINR
459.38 M
About BIOCON LTD
Sector
Headquarters
Bangalore
Employees (FY)
16.55 K
Website
Founded
1978
ISIN
INE376G01013
FIGI
BBG000BJHC64
Biocon Ltd. is a holding company, which engages in the manufacture, research, and development of therapeutic drugs. It operates through the following segments: Small Molecules, Biologics, Branded Formulations, and Research Services. The Small Molecules segment manufactures spanning statins, immunosuppressants, antifungals, anti-obesity, anti-diabetics, ophthalmologicals, oncologicals, and urologicals etc. The Biologics segment provides Insulins and Analogs, biosimilar Monoclonal Antibodies (MAbs), and recombinant proteins The Branded Formulation segment consists of therapeutic areas of diabetology, oncology, immunology and critical care. The Research Services segment covers Syngene development platforms. The company was founded by Kiran Mazumdar-Shaw on November 29, 1978 and is headquartered in Bangalore, India.
BIOCON NSEDate 28th Feb 2024
MACD showing HL while Price A. Showing HH,
This Indicates Sellers are Exhaust.
but still can't make new Higher Low in Price Action,
means buyers are in Command now.
BIOCON Long PositionalDate : 09-03-2024
NSE:BIOCON
---------------------------------------------------
Buy Biocon above 304
Target of 316-335-355-374-394-425456
SL 218
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few weeks
Please consult your financial advisor before investing
All research for educational
BioconBiocon is done correction for the 4 hr and can breakout in April or/and may and my target is 500 and can be trail upto 550 .
BIOCON SHARE As you can see that its consolidate from last few weeks and try to break 300 mark after break it will touch 310-320-330 soon..... research on it and invest
Biocon If the stock is forming an M pattern on a monthly time frame then there are good chances to complete the M pattern, this is a risky trade to watch.
BIOCON- VCP in Making X weeks X Range above 144BIOCON- VCP in Making X weeks X Range above 144
1) Strong VCP
2) Good Trendlines
3) ready breakout
BIOCON -long for 15 % up move symmterical triangle pattern
MACD crossing above zero line
price>3>6>18>50>200 EMA
stop loss and taregt marked
#BIOCON Support & Resistance / 28 Feb 2024Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss.
The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses ei
Biocon : Bottomed out Stock#Biocon #Momentumstock #Swingtrade #BreakoutCandidate
BIOCON : 200 EMA Breakout Soon
>> Momentum Stock
>> Bottomed-out Stock
>> Good Strength & volumes in stock
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analys
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of BIOCON is 267.20 INR — it has increased by 1.31% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange BIOCON LTD stocks are traded under the ticker BIOCON.
BIOCON LTD is going to release the next earnings report on May 16, 2024. Keep track of upcoming events with our Earnings Calendar.
BIOCON stock is 4.42% volatile and has beta coefficient of 1.62. Check out the list of the most volatile stocks — is BIOCON LTD there?
One year price forecast for BIOCON LTD has a max estimate of 330.00 INR and a min estimate of 200.00 INR.
BIOCON earnings for the last quarter are 1.05 INR whereas the estimation was 1.32 INR which accounts for −20.45% surprise. Estimated earnings for the next quarter are 1.52 INR. See more details about BIOCON LTD earnings.
BIOCON LTD revenue for the last quarter amounts to 34.62 B INR despite the estimated figure of 36.14 B INR. In the next quarter revenue is expected to reach 36.76 B INR.
Yes, you can track BIOCON LTD financials in yearly and quarterly reports right on TradingView.
BIOCON stock has fallen by 2.05% compared to the previous week, the month change is a 6.54% rise, over the last year BIOCON LTD has showed a 14.88% increase.
BIOCON net income for the last quarter is 6.60 B INR, while the quarter before that showed 1.26 B INR of net income which accounts for 425.48% change. Track more BIOCON LTD financial stats to get the full picture.
Today BIOCON LTD has the market capitalization of 315.88 B, it has increased by 1.37% over the last week.
Yes, BIOCON dividends are paid annually. The last dividend per share was 1.50 INR. As of today, Dividend Yield (TTM)% is 0.57%. Tracking BIOCON LTD dividends might help you take more informed decisions.
BIOCON LTD dividend yield was 0.73% in 2022, and payout ratio reached 38.68%. The year before the numbers were 0.15% and 9.18% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, BIOCON shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BIOCON LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 16.55 K employees. See our rating of the largest employees — is BIOCON LTD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So BIOCON LTD technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating BIOCON LTD stock shows the neutral signal. See more of BIOCON LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on BIOCON LTD future price: according to them, BIOCON price has a max estimate of 330.00 INR and a min estimate of 200.00 INR. Read a more detailed BIOCON LTD forecast: see what analysts think of BIOCON LTD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BIOCON LTD EBITDA is 33.80 B INR, and current EBITDA margin is 27.68%. See more stats in BIOCON LTD financial statements.