kalyanganguly

BIOCON - Ascending triangle bullish breakout

Long
NSE:BIOCON   BIOCON LTD
Note: This is for educational purpose only.

There seems to be an ascending triangle bullish breakout with good volume (not too high). There seems to be a similar breakout in the RSI as well. RSI is 54 which is in neutral zone. As per the chart it seems that the bulls are back in control post a substantial push from bears.