BIOCON - CMP: 379
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It has broken symmetrical triangle pattern and gave a bearish breakout on the daily chart. Stock is likely to take support at the demand zone. A price near 372 can be a good opportunity to enter in a long trade with a stop loss of 362. However, if it does not take support at 362, we can see further downfall till 340 as a target of triangle bearish breakout pattern.
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