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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (April 29, 2024 – May 03, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 16.35%.

Technically, Biocon share price will see immediate support at 274.57 and immediate resistance would be seen at 325.82.

If Biocon share price closes below immediate support of 274.57, then sharp breakdown can be seen. Biocon share price will see major support at 242.73 for the week.

On the positive side, immediate resistance will be seen at 325.82. Closing above 325.82, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 345.23 for the week.

Trading range for Biocon share price for this week should be between 223.32 on down side and 377.07 on up side.

Biocon Previous Week High: 313.4

Biocon Previous Week Low: 262.15

Biocon Previous Week Range: 51.25 Points

Biocon share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 377.07
Resistance 2 345.23
Resistance 1 325.82
Support 1 274.57
Support 2 242.73
Support 3 223.32
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