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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (June 03, 2024 – June 07, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 6.26%.

Technically, Biocon share price will see immediate support at 301.17 and immediate resistance would be seen at 321.57.

If Biocon share price closes below immediate support of 301.17, then sharp breakdown can be seen. Biocon share price will see major support at 293.08 for the week.

On the positive side, immediate resistance will be seen at 321.57. Closing above 321.57, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 333.88 for the week.

Trading range for Biocon share price for this week should be between 280.77 on down side and 341.97 on up side.

Biocon Previous Week High: 325.8

Biocon Previous Week Low: 305.4

Biocon Previous Week Range: 20.4 Points

Biocon share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type Value
Resistance 3 341.97
Resistance 2 333.88
Resistance 1 321.57
Support 1 301.17
Support 2 293.08
Support 3 280.77
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