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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (May 27, 2024 – May 31, 2024)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 8.14%.

Technically, Biocon share price will see immediate support at 305.33 and immediate resistance would be seen at 332.28.

If Biocon share price closes below immediate support of 305.33, then sharp breakdown can be seen. Biocon share price will see major support at 291.22 for the week.

On the positive side, immediate resistance will be seen at 332.28. Closing above 332.28, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 345.12 for the week.

Trading range for Biocon share price for this week should be between 278.38 on down side and 359.23 on up side.

Biocon Previous Week High: 331

Biocon Previous Week Low: 304.05

Biocon Previous Week Range: 26.95 Points

Biocon share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 359.23
Resistance 2 345.12
Resistance 1 332.28
Support 1 305.33
Support 2 291.22
Support 3 278.38
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