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Biocon-Breakout of falling trendline
BIOCON LIMITED.
Long
Biocon-Breakout of falling trendline
By Chartworld1
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Dec 2, 2021
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Dec 2, 2021
Biocon has given a falling trendline breakout with decent volumes and is close to 200 EMA. Offers good R:R.
RS 55 is also +ve so a long trade with 7-8% stop can be taken.
Trend Analysis
Chartworld1
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