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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (October 23, 2023 – October 27, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 10.49%.

Technically, Biocon share price will see immediate support at 221.80 and immediate resistance would be seen at 248.80.

If Biocon share price closes below immediate support of 221.80, then sharp breakdown can be seen. Biocon share price will see major support at 212.65 for the week.

On the positive side, immediate resistance will be seen at 248.80. Closing above 248.80, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 266.65 for the week.

Trading range for Biocon share price for this week should be between 194.80 on down side and 275.80 on up side.

Biocon Previous Week High: 257.5

Biocon Previous Week Low: 230.5

Biocon Previous Week Range: 27 Points

Biocon share price support and resistance for the week (October 23, 2023 – October 27, 2023)

Level Type Value
Resistance 3 275.80
Resistance 2 266.65
Resistance 1 248.80
Support 1 221.80
Support 2 212.65
Support 3 194.80
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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}],"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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