Stock of the day : Biocon Ltd by Target Rs. 418- Religare Broking Ltd
Biocon Ltd

Buy Biocon Ltd CMP 399 Range 398-400 SL 389 Target 418
* BIOCON continues to exhibit robust bullish structure, with price sustaining well above key moving averages and the shorter-term average providing consistent dip support.
* Following a strong impulsive rally, the stock is undergoing a healthy consolidation while maintaining a higher-high & higher-low formation.
* The tight pause near the upper range signals continuation rather than fatigue, reinforced by rising volumes on advances.
* Long positions may be considered near stated zones, anticipating further upside traction.
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SEBI Registration number is INZ00017433
