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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (April 01, 2024 – April 05, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 5.90%.

Technically, Biocon share price will see immediate support at 254.52 and immediate resistance would be seen at 270.27.

If Biocon share price closes below immediate support of 254.52, then sharp breakdown can be seen. Biocon share price will see major support at 244.88 for the week.

On the positive side, immediate resistance will be seen at 270.27. Closing above 270.27, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 276.38 for the week.

Trading range for Biocon share price for this week should be between 238.77 on down side and 286.02 on up side.

Biocon Previous Week High: 266.75

Biocon Previous Week Low: 251

Biocon Previous Week Range: 15.75 Points

Biocon share price support and resistance for the week (April 01, 2024 – April 05, 2024)

Level Type Value
Resistance 3 286.02
Resistance 2 276.38
Resistance 1 270.27
Support 1 254.52
Support 2 244.88
Support 3 238.77
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