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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (March 11, 2024 – March 15, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 6.25%.

Technically, Biocon share price will see immediate support at 271.70 and immediate resistance would be seen at 289.65.

If Biocon share price closes below immediate support of 271.70, then sharp breakdown can be seen. Biocon share price will see major support at 261.50 for the week.

On the positive side, immediate resistance will be seen at 289.65. Closing above 289.65, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 297.40 for the week.

Trading range for Biocon share price for this week should be between 253.75 on down side and 307.60 on up side.

Biocon Previous Week High: 287.2

Biocon Previous Week Low: 269.25

Biocon Previous Week Range: 17.95 Points

Biocon share price support and resistance for the week (March 11, 2024 – March 15, 2024)

Level Type Value
Resistance 3 307.60
Resistance 2 297.40
Resistance 1 289.65
Support 1 271.70
Support 2 261.50
Support 3 253.75
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