Biocon is looking positive with potential of +10% upside
The price is range bound from past 3 months and chart structure is quiet positive for upside movement of 10%.
If stock move for long pending gap filling, expect a further addition of 10-15% return.
The entry will be above Rs 386 with target of Rs 420 and stop loss as per risk reward appetite
Key Points : Range bound consolidation of price, moving average, RSI , volume
Thanks
If stock move for long pending gap filling, expect a further addition of 10-15% return.
The entry will be above Rs 386 with target of Rs 420 and stop loss as per risk reward appetite
Key Points : Range bound consolidation of price, moving average, RSI , volume
Thanks
Trade closed: target reached:
Price touched the high of Rs 410 !!