BIOCON This stock is near breakout and making higher lows formation and if market condition would be good the stock will touch its all time high in very quick time.
#BIOCON FOR TODAY Watch market condition then decide. This is not a buy or sell recommendation only for educational purposes. Watch biocon above 372.5 if close 30 min candle above this can touch 379-385- 390. IF CLOSE ABOVE 392 IT WILL GO UP SL below 356
Here are the support and resistance levels for Biocon Limited (NSE: BIOCON) based on recent market data:
Support Levels: ₹349 - ₹350: Immediate support, where buyers have recently shown interest. ₹341 - ₹345: A critical short-term support zone observed from previous trading sessions. ₹325 - ₹330: Stronger support level based on historical price action. ₹300 - ₹305: Psychological and long-term support zone. Resistance Levels: ₹356 - ₹358: Immediate resistance, indicating selling pressure. ₹374 - ₹375: A significant short-term resistance observed from past highs. ₹390 - ₹395: Strong resistance near the 52-week high. ₹400+: Psychological resistance, where profit booking could occur if breached.
BIOCON Biocon Ltd view for Intraday 30th Dec #BIOCON Resistance 335 Watching above 335 for upside movement... Support area 325 Below 330 ignoring upside momentum for intraday Support 325 Watching below 325 or downside movement... Resistance area 335 Above 330 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,
Biocon Itd view for Intraday 30th September #BIOCON Buying may witness above 371 Support area 365. Below ignoring buying momentum for intraday Selling may witness below 365 Resistance area 370 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,