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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (December 11, 2023 – December 15, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 3.09%.

Technically, Biocon share price will see immediate support at 235.78 and immediate resistance would be seen at 243.33.

If Biocon share price closes below immediate support of 235.78, then sharp breakdown can be seen. Biocon share price will see major support at 232.57 for the week.

On the positive side, immediate resistance will be seen at 243.33. Closing above 243.33, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 247.67 for the week.

Trading range for Biocon share price for this week should be between 228.23 on down side and 250.88 on up side.

Biocon Previous Week High: 244.45

Biocon Previous Week Low: 236.9

Biocon Previous Week Range: 7.55 Points

Biocon share price support and resistance for the week (December 11, 2023 – December 15, 2023)

Level Type Value
Resistance 3 250.88
Resistance 2 247.67
Resistance 1 243.33
Support 1 235.78
Support 2 232.57
Support 3 228.23
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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},{"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}],"sell_point":[{"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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