Technical Analysis of Indian Equities by Nooresh

Biocon – Cup and Handle – Medium to Long Term Buy

Biocon Nooreshtech


Biocon Technical View


-> We had last covered this stock at 310-320 when it was making a cup and handle - 


-> The stock has been facing a lot of resistance around 505-510 for past few months.


-> A sustaining move beyond it will open a target of 650 + in medium term. 470-480 are short term supports.


-> Investors with a medium to long term view can accumulate even at current levels.



Indian Equities Post Election – Boom or Doom –Seminar in Mumbai on 6th July 2014

Venue –

Crystal Hall,

VITS – Luxury Business Hotel,’Mumbai
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