Few days back had put up this chart on Biocon . The stock has moved well from 315 to 350 with a spurt today on good announcement. Now time to book some and trail stoploss.
Cairn India is forming a triangle with breakout points at 315 and 280. Although there could be quite some time before we see a clear breakout on it but worth keeping a tab on this stock as pattern suggests sooner or later the stock will get out of the contraction.
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