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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (February 19, 2024 – February 23, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 10.00%.

Technically, Biocon share price will see immediate support at 268.57 and immediate resistance would be seen at 297.57.

If Biocon share price closes below immediate support of 268.57, then sharp breakdown can be seen. Biocon share price will see major support at 250.28 for the week.

On the positive side, immediate resistance will be seen at 297.57. Closing above 297.57, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 308.28 for the week.

Trading range for Biocon share price for this week should be between 239.57 on down side and 326.57 on up side.

Biocon Previous Week High: 290

Biocon Previous Week Low: 261

Biocon Previous Week Range: 29 Points

Biocon share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 326.57
Resistance 2 308.28
Resistance 1 297.57
Support 1 268.57
Support 2 250.28
Support 3 239.57
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{"buy_point":[{"en_ltd":"2024-02-16","en_sup_p_91":"280.76","en_sup_t_91":"270.28","prev_close":"274.30","en_close":"286.85","new_date":"Feb 16","prev_close_no":274},{"en_ltd":"2024-01-31","en_sup_p_91":"268.16","en_sup_t_91":"256.25","prev_close":"260.00","en_close":"268.40","new_date":"Jan 31","prev_close_no":260},{"en_ltd":"2024-01-16","en_sup_p_91":"285.54","en_sup_t_91":"272.97","prev_close":"281.10","en_close":"287.60","new_date":"Jan 16","prev_close_no":281}],"sell_point":[{"en_ltd":"2024-02-08","en_sup_p_91":"285.48","en_sup_t_91":"300.85","prev_close":"290.25","en_close":"284.70","new_date":"Feb 8","prev_close_no":290},{"en_ltd":"2024-01-20","en_sup_p_91":"274.03","en_sup_t_91":"284.77","prev_close":"276.10","en_close":"273.95","new_date":"Jan 20","prev_close_no":276},{"en_ltd":"2024-01-12","en_sup_p_91":"277.44","en_sup_t_91":"285.54","prev_close":"282.10","en_close":"274.20","new_date":"Jan 12","prev_close_no":282}]}

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