its subsidiary Biocon Biologics has completed the integration of the biosimilars business acquired from US-based pharma company Viatris in over 70 countries, according to a Wednesday filing.
Biocon Biologics had agreed to acquire Viatris Inc's biosimilars business for $3.33 billion in February 2022.
"The transitioning will allow Biocon Biologics to meaningfully...
Assuming you had the Biocon then hold the stock as it is currently trading near its one of the strong supports which range around 200-220 price. As at broader level Indian stock market do not look into negative zone and rather it has sustain the last drop in march 23. So, the stock is in diminishing mode and does not look to at very much upside. Because it is...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
100% upside potential (CMP - 242, Target - 484, SL - 165)
Biocon has been exhibiting strong reversal from all time support (165/Sh) to 242 / sh with good volumes
It has already breached above 50 DMA and going by the trend it would shortly breach 200 DMA also.
This is personal opinion and not an investment advice, idea shared for educational purposes only. Basis...
BIOCON is trading in down trend since many days. now its near to its weekly support.
wait till it touch weekly support and sustain there. 245 can work as trend changer.
Lets wait & watch to cool down near support and forming some positive candles.
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Disclaimer
I am not sebi registered analyst
My studies are Educational...
BIOCON Trading near strong monthly support zone of .. 223--- 210. There is bullish divergence also between PRICE & its RSI in weekly timeframe.
Price also taking support near demand zone.
#BIOCON📈📉
👉🏻Stock approaching strong Monthly & Weekly Demand Zone✅
👉🏻 223-10Support Zone 👍
👉🏻Stock Showing Strength from support📈📈
👉🏻 Good For Investment View📈📈
👉🏻RSI...
