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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (February 05, 2024 – February 09, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 8.69%.

Technically, Biocon share price will see immediate support at 260.47 and immediate resistance would be seen at 284.87.

If Biocon share price closes below immediate support of 260.47, then sharp breakdown can be seen. Biocon share price will see major support at 246.23 for the week.

On the positive side, immediate resistance will be seen at 284.87. Closing above 284.87, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 295.03 for the week.

Trading range for Biocon share price for this week should be between 236.07 on down side and 309.27 on up side.

Biocon Previous Week High: 280.8

Biocon Previous Week Low: 256.4

Biocon Previous Week Range: 24.4 Points

Biocon share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 309.27
Resistance 2 295.03
Resistance 1 284.87
Support 1 260.47
Support 2 246.23
Support 3 236.07
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