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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (November 06, 2023 – November 10, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 4.61%.

Technically, Biocon share price will see immediate support at 218.67 and immediate resistance would be seen at 229.17.

If Biocon share price closes below immediate support of 218.67, then sharp breakdown can be seen. Biocon share price will see major support at 212.83 for the week.

On the positive side, immediate resistance will be seen at 229.17. Closing above 229.17, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 233.83 for the week.

Trading range for Biocon share price for this week should be between 208.17 on down side and 239.67 on up side.

Biocon Previous Week High: 228

Biocon Previous Week Low: 217.5

Biocon Previous Week Range: 10.5 Points

Biocon share price support and resistance for the week (November 06, 2023 – November 10, 2023)

Level Type Value
Resistance 3 239.67
Resistance 2 233.83
Resistance 1 229.17
Support 1 218.67
Support 2 212.83
Support 3 208.17
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