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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (November 13, 2023 – November 17, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 3.03%.

Technically, Biocon share price will see immediate support at 223.47 and immediate resistance would be seen at 230.42.

If Biocon share price closes below immediate support of 223.47, then sharp breakdown can be seen. Biocon share price will see major support at 219.53 for the week.

On the positive side, immediate resistance will be seen at 230.42. Closing above 230.42, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 233.43 for the week.

Trading range for Biocon share price for this week should be between 216.52 on down side and 237.37 on up side.

Biocon Previous Week High: 229.5

Biocon Previous Week Low: 222.55

Biocon Previous Week Range: 6.95 Points

Biocon share price support and resistance for the week (November 13, 2023 – November 17, 2023)

Level Type Value
Resistance 3 237.37
Resistance 2 233.43
Resistance 1 230.42
Support 1 223.47
Support 2 219.53
Support 3 216.52
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{"buy_point":[{"en_ltd":"2023-11-08","en_sup_p_91":"225.74","en_sup_t_91":"222.40","prev_close":"225.35","en_close":"226.85","new_date":"Nov 8","prev_close_no":225},{"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}]}

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