Stock of the day : Biocon Ltd For Target Rs. 400 - Religare Broking
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Biocon Ltd
* We are seeing a noticeable resilience in the pharma pack and BIOCON is leading from the front.
* The stock has registered a breakout from a bullish rectangle pattern with strong surge in volumes.
* The chart pattern and uptick in volumes denotes price to attract fresh upward momentum.
* Hence, traders can consider longs in the mentioned range
Buy Biocon Ltd CMP 379.4 Range 378-380 SL 366 Target 400
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