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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (December 25, 2023 – December 29, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 6.85%.

Technically, Biocon share price will see immediate support at 238.10 and immediate resistance would be seen at 255.70.

If Biocon share price closes below immediate support of 238.10, then sharp breakdown can be seen. Biocon share price will see major support at 229.90 for the week.

On the positive side, immediate resistance will be seen at 255.70. Closing above 255.70, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 265.10 for the week.

Trading range for Biocon share price for this week should be between 220.50 on down side and 273.30 on up side.

Biocon Previous Week High: 256.9

Biocon Previous Week Low: 239.3

Biocon Previous Week Range: 17.6 Points

Biocon share price support and resistance for the week (December 25, 2023 – December 29, 2023)

Level Type Value
Resistance 3 273.30
Resistance 2 265.10
Resistance 1 255.70
Support 1 238.10
Support 2 229.90
Support 3 220.50
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{"buy_point":[{"en_ltd":"2023-11-20","en_sup_p_91":"234.05","en_sup_t_91":"230.01","prev_close":"232.75","en_close":"235.00","new_date":"Nov 20","prev_close_no":232}],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"247.38","en_sup_t_91":"255.26","prev_close":"252.35","en_close":"242.60","new_date":"Dec 20","prev_close_no":252},{"en_ltd":"2023-11-13","en_sup_p_91":"227.61","en_sup_t_91":"234.05","prev_close":"234.80","en_close":"227.35","new_date":"Nov 13","prev_close_no":234}]}

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