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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (September 04, 2023 – September 08, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 3.61%.

Technically, Biocon share price will see immediate support at 255.32 and immediate resistance would be seen at 264.82.

If Biocon share price closes below immediate support of 255.32, then sharp breakdown can be seen. Biocon share price will see major support at 249.83 for the week.

On the positive side, immediate resistance will be seen at 264.82. Closing above 264.82, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 268.83 for the week.

Trading range for Biocon share price for this week should be between 245.82 on down side and 274.32 on up side.

Biocon Previous Week High: 263.35

Biocon Previous Week Low: 253.85

Biocon Previous Week Range: 9.5 Points

Biocon share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 274.32
Resistance 2 268.83
Resistance 1 264.82
Support 1 255.32
Support 2 249.83
Support 3 245.82

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