Considering Nifty’s current resistance levels, it appears that Biocon may be a good candidate for a short position. This could potentially result in a favorable risk-to-reward ratio on the short side, as there may be a chance for a time or price correction.”
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.