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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (February 26, 2024 – March 01, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 11.58%.

Technically, Biocon share price will see immediate support at 259.67 and immediate resistance would be seen at 294.77.

If Biocon share price closes below immediate support of 259.67, then sharp breakdown can be seen. Biocon share price will see major support at 246.28 for the week.

On the positive side, immediate resistance will be seen at 294.77. Closing above 294.77, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 316.48 for the week.

Trading range for Biocon share price for this week should be between 224.57 on down side and 329.87 on up side.

Biocon Previous Week High: 303.1

Biocon Previous Week Low: 268

Biocon Previous Week Range: 35.1 Points

Biocon share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 329.87
Resistance 2 316.48
Resistance 1 294.77
Support 1 259.67
Support 2 246.28
Support 3 224.57
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