Stock of the day : Biocon Ltd by Target Rs. 440

2026-06-12 09:21:27 am | Source: Religare Broking Ltd

Stock of the day : Biocon Ltd by Target Rs. 440 - Religare Broking Ltd

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Bicon Ltd

Buy Bicon Ltd CMP 415.95 Range* 413-416 SL 402 Target 440

* BIOCON continues to demonstrate a robust technical setup, sustaining its position comfortably above key medium- and long-term trend indicators.

* The recent consolidation breakout was accompanied by strong volume participation, reflecting strengthening market conviction.

* Price action remains constructive, with the stock holding above critical support levels and preserving its positive trend structure.

* Investors may consider accumulating the stock within the specified range to capture the ongoing bullish momentum.

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Stock of the day : Biocon Ltd by Target Rs. 440 - Religare Broking Ltd

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