ShobhitAgarwal

Short BIOCON

Short
NSE:BIOCON   BIOCON LTD
Bit late in publishing this idea. Call was given at 725 level and its already down to 704,but further downside expected upto 650 levels easily.

Engulfing candle has also appeared, which has reinforced the view. At 650, it will complete FIB retracement of 38%.

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