BIOCON

Looking Good For Bullish Move >>>>>

is showing a bullish bias as it rebounds from the 350 support zone and trades at 365, maintaining higher lows structure in recent sessions. The MACD has turned positive with a crossover above the signal line, indicating building momentum, while RSI at 52 suggests room for further upside without being overbought. ADX remains low at 14, reflecting a weak trend strength, but this also leaves scope for a fresh directional move if volume picks up. Sustaining above 360 can open targets of 375–390, while a breakout above 400 could extend the rally towards 420, with support placed at 350.