Breakout in Biocon

Biocon has given breakout of Inverted head and shoulder pattern. VWMACD is also indicating starting of upmove. Immediate resistance trend line is placed at about 395, once it close above it , it can give good upmove. Rest is detailed at chart


Disclaimer : This is for education purpose only.
BIOCONChart Patternshead_and_shoulderInverse Head and ShouldersmacdcrossTrend Analysis

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