ShobhitAgarwal
Short

Short BIOCON

NSE:BIOCON   BIOCON
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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