Biocon Weekly Chart A reversal from 61.8% fib level and a break abv the resistance trendline gives a good opportunity to go long with a Stop-loss at 345 daily close Targets can be ATH (485) and 590..
@Yogesh_Agarwal_ but, I think that was in 2019, so how is 487 to 211 giving 61.8?
Yogesh_Agarwal_
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@StockWhizzer, Yes brother, it is a weekly chart and and the rise from 211 to 487 has retraced to 61.8%, took support and is now resuming the uptrend as you can see.