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Using Dow theory last 2 years charts analysis. Biocon company is uptrend from 2020 to 2021 thereafter starts moving downtrend from last 1 year. Biocon is an pharma sector company.
I practiced by using Dow theory,
ENTRY @ 385.70. STOPLOSS @ 421.00. TARGET @ 350.40.
I made an entry because of volume is much higher. This is bearish trend using Dow theory.
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