Biocon- 412.85. It is one of the few pharma scrips yet to participate in pharma rally. It fell with huge volumes from 455 to 376 in 2 days on 21.1.21 after announcement of Q3 results and created gap from 422 to 442. Today it went up with huge volumes highest of past one month and closed at 413. It has to stay above 423 and fill the gap for going up. It is also following a upward channel and it can break the channel at gap level of 423. For maintaining upward trend it shall stay above 422-23 range. This may happen in next week, once it happens with volumes can go to 443, 455 and above. Its results are on 28.4.21. As per option chain also huge call build up at 420 which is acting as a resistance with 400 as good put built up will act as support. But at 420 call unwinding is happening and may accelerate further from monday onwards. Today its future Oi addition is also at healthy 10% which is also an indication of longs addition.