Normal Stock Cycle in Biocon.

Agree, at best it will create a double top and fallllllllllllllll

Appears to be in elliot third wave, it could move upwards...

@trade4cast, It's good to see that retail crowd still interested in buying, Big guys will get a getaway at the expense of small investors which always happens

My difference is that it is making a New high then consolidating(retracting a part) & then once again resuming its upward journey..you can see in the graph on three occassions..take ur own call & as per fundamentals only first level is crossed & many many more are to come

@RakeshShah, It's good to see that retail crowd still interested in buying, Big guys will get a getaway at the expense of small investors which always happens