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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (October 09, 2023 – October 13, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 4.47%.

Technically, Biocon share price will see immediate support at 259.80 and immediate resistance would be seen at 272.10.

If Biocon share price closes below immediate support of 259.80, then sharp breakdown can be seen. Biocon share price will see major support at 255.05 for the week.

On the positive side, immediate resistance will be seen at 272.10. Closing above 272.10, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 279.65 for the week.

Trading range for Biocon share price for this week should be between 247.50 on down side and 284.40 on up side.

Biocon Previous Week High: 274.9

Biocon Previous Week Low: 262.6

Biocon Previous Week Range: 12.3 Points

Biocon share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 284.40
Resistance 2 279.65
Resistance 1 272.10
Support 1 259.80
Support 2 255.05
Support 3 247.50
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{"buy_point":[{"en_ltd":"2023-09-29","en_sup_p_91":"269.91","en_sup_t_91":"263.12","prev_close":"266.90","en_close":"272.20","new_date":"Sep 29","prev_close_no":266},{"en_ltd":"2023-09-05","en_sup_p_91":"263.32","en_sup_t_91":"259.87","prev_close":"261.35","en_close":"267.10","new_date":"Sep 5","prev_close_no":261}],"sell_point":[{"en_ltd":"2023-10-04","en_sup_p_91":"265.64","en_sup_t_91":"273.99","prev_close":"272.70","en_close":"264.85","new_date":"Oct 4","prev_close_no":272},{"en_ltd":"2023-09-21","en_sup_p_91":"270.08","en_sup_t_91":"278.02","prev_close":"273.20","en_close":"267.00","new_date":"Sep 21","prev_close_no":273}]}

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