UPTRUST HAS BEEN FORMED IN BIOCON WHICH INDICATES THAT BREAKOUT TRADERS HAVE BEEN CAUGHT IN A BAD TRADE AND THE SELLING BY PROFESSIONALS HAS KICKED IN , SO BE CAUTIOUS. BIOCON AT BEST MIGHT MOVE SIDEWAYS OR FALL ON SUPPLY BUT UPSIDE IS CAPPED DUE TO LOCKED IN TRADERS AND INVESTORS. SO A SHORT WITH TODAY'S HIGH AS STOPLOSS CAN GIVE A GOOD RETURN IN SHORT TERM. VIEW IS NOT VALID IF TODAY HIGH IS TAKEN OUT.
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