“Biocon Showing Strength — Support Zone Intact!

Biocon Technical Update (Daily Timeframe)

Biocon is holding a strong support zone around ₹330–340, which is being respected across multiple timeframe structures. Within the stock, a smaller parallel channel is forming, whose support also aligns with the ₹330–340 range.

The mid-boundary of this short-term channel is near ₹375, while the upper boundary sits around ₹400–410, which may act as short-term and long-term resistance levels.

If the support zone continues to hold, Biocon may witness upside momentum in the coming sessions.

Thank you!