Stocks in Focus: Biocon, Bharat Dynamics & Apollo Micro Systems

7 hours ago

1. Biocon BIOCON

● The stock reached a peak of ₹483 in December 2020, then experienced a downturn, entered a prolonged consolidation phase.
● This phase led to the formation of an Inverted Head & Shoulder pattern.
● Following a recent breakout, the stock is now poised for upward movement.

2. Bharat Dynamics BDL

● After hitting an all-time high around ₹1,795, the stock saw a decline of nearly 50% and eventually found support at ₹890.
● From this point, the price rebounded and recently surpassed its trendline resistance, setting the stage for substantial future gains.

3. Apollo Micro Systems APOLLO

● The stock underwent significant consolidation after marking an all-time high near ₹161.
● With a fresh breakout, the price is now set to exceed its past high and make new highs.