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.
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