praveen.bhatiya

Biocon SHORT Pennant pattern.

Short
NSE:BIOCON   BIOCON LTD
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.

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