koolshanin
Long

BIOCON still has gas left for new highs

NSE:BIOCON   BIOCON INR5
BIOCON             a stock closing strong even with a choppy bearish nifty             , formed postive divergence in Monthly charts showing still it has gas left for big moves.

Immediate targets on upside lies at 1028/1088/1165

Any dips towards 930/950 zone if done before target can be bought with 835 SL.

ROR not good to enter at current levels.
20000% it will go down. dont recommebded this stock at current levels@
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thums up..new highs might be coming, delivery volumes are very high, fut at discount to cash...short covering possible, SLB difference of Rs.6/- available
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