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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (January 01, 2024 – January 05, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 4.18%.

Technically, Biocon share price will see immediate support at 244.53 and immediate resistance would be seen at 255.23.

If Biocon share price closes below immediate support of 244.53, then sharp breakdown can be seen. Biocon share price will see major support at 239.42 for the week.

On the positive side, immediate resistance will be seen at 255.23. Closing above 255.23, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 260.82 for the week.

Trading range for Biocon share price for this week should be between 233.83 on down side and 265.93 on up side.

Biocon Previous Week High: 255.7

Biocon Previous Week Low: 245

Biocon Previous Week Range: 10.7 Points

Biocon share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 265.93
Resistance 2 260.82
Resistance 1 255.23
Support 1 244.53
Support 2 239.42
Support 3 233.83
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{"buy_point":[{"en_ltd":"2023-12-26","en_sup_p_91":"250.04","en_sup_t_91":"243.36","prev_close":"246.30","en_close":"250.65","new_date":"Dec 26","prev_close_no":246},{"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}],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"247.38","en_sup_t_91":"255.26","prev_close":"252.35","en_close":"242.60","new_date":"Dec 20","prev_close_no":252}]}

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