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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (January 08, 2024 – January 12, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 15.23%.

Technically, Biocon share price will see immediate support at 262.47 and immediate resistance would be seen at 307.32.

If Biocon share price closes below immediate support of 262.47, then sharp breakdown can be seen. Biocon share price will see major support at 233.63 for the week.

On the positive side, immediate resistance will be seen at 307.32. Closing above 307.32, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 323.33 for the week.

Trading range for Biocon share price for this week should be between 217.62 on down side and 352.17 on up side.

Biocon Previous Week High: 294.5

Biocon Previous Week Low: 249.65

Biocon Previous Week Range: 44.85 Points

Biocon share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 352.17
Resistance 2 323.33
Resistance 1 307.32
Support 1 262.47
Support 2 233.63
Support 3 217.62
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{"buy_point":[{"en_ltd":"2023-12-26","en_sup_p_91":"250.04","en_sup_t_91":"243.36","prev_close":"246.30","en_close":"250.65","new_date":"Dec 26","prev_close_no":246}],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"247.38","en_sup_t_91":"255.26","prev_close":"252.35","en_close":"242.60","new_date":"Dec 20","prev_close_no":252}]}

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