mayankkangtani

Biocon weekly charts

NSE:BIOCON   BIOCON LTD
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5
Views are invited

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My view is - it may test the trendline and fall from there as results are not that great
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It has already tested the trendline but the selling pressure is not that much and what I think is that it will give breakout after consolidating bcz if you put 21-EMA AND 50-SMA ,there the price is taking support handsomely and also the RSI ON THE Weekly charts has breakout from the downtrend so let's wait and watch. @Learner_,
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