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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (March 18, 2024 – March 22, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 12.68%.

Technically, Biocon share price will see immediate support at 238.97 and immediate resistance would be seen at 275.27.

If Biocon share price closes below immediate support of 238.97, then sharp breakdown can be seen. Biocon share price will see major support at 226.28 for the week.

On the positive side, immediate resistance will be seen at 275.27. Closing above 275.27, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 298.88 for the week.

Trading range for Biocon share price for this week should be between 202.67 on down side and 311.57 on up side.

Biocon Previous Week High: 286.2

Biocon Previous Week Low: 249.9

Biocon Previous Week Range: 36.3 Points

Biocon share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 311.57
Resistance 2 298.88
Resistance 1 275.27
Support 1 238.97
Support 2 226.28
Support 3 202.67
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{"buy_point":[{"en_ltd":"2024-02-16","en_sup_p_91":"280.76","en_sup_t_91":"270.28","prev_close":"274.30","en_close":"286.85","new_date":"Feb 16","prev_close_no":274}],"sell_point":[{"en_ltd":"2024-02-20","en_sup_p_91":"282.06","en_sup_t_91":"297.51","prev_close":"291.05","en_close":"281.20","new_date":"Feb 20","prev_close_no":291},{"en_ltd":"2024-02-08","en_sup_p_91":"285.48","en_sup_t_91":"300.85","prev_close":"290.25","en_close":"284.70","new_date":"Feb 8","prev_close_no":290}]}

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