BIOCON - DO NOT ENTER NOW

THE SHARE PRICE HAS COME OUT OF THE CHANNEL AND IS STEADILY MANAGING THE PRICE INCREASE.

MY UNDERSTANDING SAYS THAT THERE WILL BE A RESISTANCE AT 268-272, AND THE PRICE THE MAY COME TO 254. THE REASON BEING, AS THE BUY CONFIRMATION IS NOT RECEIVED YET ON THE CHARTS.

THE PULL BACK MAY HAPPEN IN 1-2 DAYS.

BETTER TO WAIT FOR LOWER PRICE FOR ENTRY AND CONFIRMED BUY.