Stocks in Focus: Biocon, Bharat Dynamics & Apollo Micro Systems
1. BioconBIOCON ● The stock reached a peak of ₹483 in December 2020, then experienced a downturn, entered a prolonged consolidation phase. ● This phase led to the formation of an Inverted Head & Shoulder pattern. ● Following a recent breakout, the stock is now poised for upward movement.
2. Bharat DynamicsBDL ● After hitting an all-time high around ₹1,795, the stock saw a decline of nearly 50% and eventually found support at ₹890. ● From this point, the price rebounded and recently surpassed its trendline resistance, setting the stage for substantial future gains.
3. Apollo Micro SystemsAPOLLO ● The stock underwent significant consolidation after marking an all-time high near ₹161. ● With a fresh breakout, the price is now set to exceed its past high and make new highs.
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