Biocon is looking for buyers, If it didn't get, Short after Red!
Eventhough Biocon shows good move, It can be pulldown if it didn't get buyers(demand). I mean there are 80% chances for fail breakout. To confirm it, short if the price closes below red line and if it shows less volume(less interest).
Note
Retest happened for long. Wait for breakout above dark green to take long position else wait for breakout failure and take short position after it closes red line.Note
Awesome, Reached the line as mentioned.
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