nalinakshi

one can ride for the pull back to the level of 612 560 holds.

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NSE:BIOCON   BIOCON LTD
if this range of 560 holds. another 10 % can be seen before breaking the range of 560. if you see pull back in the nifty biocon tend to retrace upto 612. But i want to put forward my analysis that distribution already started in Biocon , it is also candidat e for sell on rally. since the chart structure is good it will give illusion and analysts to call for buy.
Comment: biocon is a good boy, he is playing according to the script
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now it is time to see price action, whether he will get resisted at 612 o or he will complete the range of 643
Comment: he got resisted at 617 exacltly and he turned around

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