2026-07-24 10:56:48 am | Source: Religare Broking Ltd
Stock of the day - Biocon Ltd Target Rs. 464 - Religare Broking Ltd
Biocon Ltd
Buy Biocon Ltd CMP (Rs) 435.20 Range* 433-436 SL Target SL 420 Target 464
* BIOCON continues to display a robust bullish structure, sustaining comfortably above its long-term moving average, indicating strong underlying trend strength.
* Rising volumes validate the breakout and reflect sustained participation, while the higher high and higher low formation remains firmly intact, reinforcing the primary uptrend.
* Momentum indicators continue to exhibit positive traction, supporting further upside potential.
* Investors may consider accumulating the stock within the recommended buying range.
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