Long Biocon for new high

This is just an idea.
Trade active: gap up opening, but prices retraced to lower parallel. long enttry initiated @420.10 with sl @ 390
Comment: Market is week , nifty fall approx 200 points,but biocon gain 5%. Convictions on system is must.
Comment: Can look to buy some more quantity at lower parallel around 426 with same stop loss @ 390


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