BIOCON Outlook for the Week (December 16, 2024 – December 20, 2024)
Biocon closed the previous week on a negative note losing -6.67%.
Technically, Biocon share price will see immediate support at 339.43 and immediate resistance would be seen at 373.48.
If Biocon share price closes below immediate support of 339.43, then sharp breakdown can be seen. Biocon share price will see major support at 326.07 for the week.
On the positive side, immediate resistance will be seen at 373.48. Closing above 373.48, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 394.17 for the week.
Trading range for Biocon share price for this week should be between 305.38 on down side and 407.53 on up side.
Biocon Previous Week Open: 378
Biocon Previous Week High: 380.8
Biocon Previous Week Low: 346.75
Biocon Previous Week Close: 352.8
Biocon Previous Week Range: 34.05 Points
Biocon share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 407.53 |
| Resistance 2 | 394.17 |
| Resistance 1 | 373.48 |
| Support 1 | 339.43 |
| Support 2 | 326.07 |
| Support 3 | 305.38 |
