Long

BIOCON now at multi year support

Updated

BIOCON now available near 220-230 weekly levels which are multi year support range. BIOCON should witness at least 20% bounce from here to test it's 200WEMA. If falls below 210 on weekly closing basis the lower levels of 140 to 120 can be seen.

Note

BIOCON UNABLE TO SUSTAIN ANY BOUNCE AND MOVING LOWER AND LOWER. SERIOUSLY ONE CAN SHORT ON RISE. CAUTION NEED IF STAYS ABOVE 230-240 RANGE

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