Biocon Long Position !!!
Biocon has been in a Downtrend since 2021 and may even still continue but according to the parallel channel it is trading in, it seems to have come to a good support. Also, it is al the lows of August - September 2019 which if broken could see more downfall toward 150 - 160 levels. A stop loss below 195 and target of T1 - 260 and T2 - 310 should be a good trade setup giving a 1:4 ratio.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.