Continuing it’s strong uptrend, Biocon has witnessed another bullish flag pattern on it’s daily charts. It can be observed that the prices have rebounded from lows of 553 to 629 forming a steep pole and later it can be noticed that the prices have been hovering around the higher band of 620-645 during past few sessions creating a flag pattern.
BIOCON – BULLISH FLAG PATTERN
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Stock Analysis
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Bullish View
Bearish View
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Hi sir,
your observation is good.