BIOCON Outlook for the Week (December 23, 2024 – December 27, 2024)
Biocon closed the previous week on a negative note losing -5.90%.
Technically, Biocon share price will see immediate support at 327.85 and immediate resistance would be seen at 351.35.
If Biocon share price closes below immediate support of 327.85, then sharp breakdown can be seen. Biocon share price will see major support at 319.75 for the week.
On the positive side, immediate resistance will be seen at 351.35. Closing above 351.35, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 366.75 for the week.
Trading range for Biocon share price for this week should be between 304.35 on down side and 374.85 on up side.
Biocon Previous Week Open: 357
Biocon Previous Week High: 358.65
Biocon Previous Week Low: 335.15
Biocon Previous Week Close: 335.95
Biocon Previous Week Range: 23.5 Points
Biocon share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 374.85 |
| Resistance 2 | 366.75 |
| Resistance 1 | 351.35 |
| Support 1 | 327.85 |
| Support 2 | 319.75 |
| Support 3 | 304.35 |
