BIOCON 1 Week View

📊 Recent context

Current price is around ₹390-₹395 (approx) on NSE.

The 52-week range is approx ₹291 (low) to ₹424.95 (high).

On the weekly chart one sees swings in the ~₹330-₹420 region over past months.

✅ What to monitor

A clear weekly close above ~₹425 would suggest the resistance is broken and next leg up may be possible.

A weekly close below support around ~₹350-₹365 might open the path toward the ~₹300-₹320 zone.

Volume and weekly momentum (RSI/MACD) would help gauge strength of breakout or breakdown (you’ll need a full charting platform to inspect this).

External catalysts: news around biotech/biosimilars, regulatory approvals, earnings etc., are relevant too given Biocon’s business.