Being near the lower band of the range, in trendline , biocon is trade for bulls.
Buy Biocon between 605-612 with a stop below 599 on daily closing basis ... for target of 630-40-50.
A close above 610 tomorrow would give the bulls a little upthrust & keep the trendline intact... breach of todays low would mean more downside before it can go up.
Safe traders can keep a stop of 599... others can book partial loss at 599 and hold other half with a stop of 589... (both these are price stops and not on closing basis)
Till then keep holding with price stop of 589.
Safe traders can exit cost to cost or book thin profits near 615-20 levels... for safe traders stop is at 599.