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BIOCONMARKET OUTLOOKSTOCK OUTLOOK

Biocon Outlook for the Week (September 25, 2023 – September 29, 2023)

Biocon
Biocon
Biocon closed the previous week on a negative note losing 6.14%.

Technically, Biocon share price will see immediate support at 257.63 and immediate resistance would be seen at 274.73.

If Biocon share price closes below immediate support of 257.63, then sharp breakdown can be seen. Biocon share price will see major support at 250.92 for the week.

On the positive side, immediate resistance will be seen at 274.73. Closing above 274.73, Biocon share price will see a sharp breakout. Major resistance for Biocon share price will be seen at 285.12 for the week.

Trading range for Biocon share price for this week should be between 240.53 on down side and 291.83 on up side.

Biocon Previous Week High: 278.4

Biocon Previous Week Low: 261.3

Biocon Previous Week Range: 17.1 Points

Biocon share price support and resistance for the week (September 25, 2023 – September 29, 2023)

Level Type Value
Resistance 3 291.83
Resistance 2 285.12
Resistance 1 274.73
Support 1 257.63
Support 2 250.92
Support 3 240.53

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