biocon - falling wedge, upper trendline broken within wedge

Nov 15, 2021

fib 50% retracement, falling wedge and dynamic resistance broken immediate upside 3-4 %, much more after wedge is broken (target will be updated later)

Nov 16, 2021

Note

currently at the upper end of the wedge - it could either reverse on the downside from here or or break the wedge for more upside, would be reasonable to wait for breakout of the wedge pattern