Biocon Limited
Long
Updated

biocon - falling wedge, upper trendline broken within wedge

96
fib 50% retracement, falling wedge and dynamic resistance broken immediate upside 3-4 %, much more after wedge is broken (target will be updated later)
Note
currently at the upper end of the wedge - it could either reverse on the downside from here or or break the wedge for more upside, would be reasonable to wait for breakout of the wedge pattern

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