Biocon SHORT Pennant pattern.

Updated
The stock has formed perfect pennant pattern and gave breakout with gap and good volume. It is trading below the trend line clearly telling more weakness in coming days. One can short the stock for a target of below 925.
Trade active
Trade is doing well and moving towards the target as expected.
Trade closed: target reached
Closed the trade on target.
BIOCONbreakoutFLAGgapNIFTYPennantPHARMAshortVolume Indicator

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