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praveen.bhatiya
May 16, 2017 8:54 AM

Biocon SHORT Pennant pattern. Short

BIOCON LTDNSE

Description

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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