BIOCON Analysis
Reasons to trade: 1.Breakdown gap formation
2.Below 200EMA
3.ST and MT Outlook: Short Buildup
4. Weak RSI
5.Low Piotroski Score of 4 (weak financials)
Zone to watch out for: 325-337
Downside Targets: 316,309,296
Don't trade above 337
2.Below 200EMA
3.ST and MT Outlook: Short Buildup
4. Weak RSI
5.Low Piotroski Score of 4 (weak financials)
Zone to watch out for: 325-337
Downside Targets: 316,309,296
Don't trade above 337
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