The Best Week to Buy Stock - BIOCON


                   TECHNICAL ANALYSIS STOCK OF BIOCON



                            
                           Weekly View BIOCON

BIOCON is forming an uptrend and is forming three method bullish candle pattern gives the buying signal. The moving average indicator is also supporting the buying. . If it breaks above 594 then a steep momentum is expected towards 610 .The RSI is also indicating that the stock is expected to go bullish and is favorable to buy. Buy BIOCON around 592-597  for the target of  610- 625 with stop loss below 575.  Biocon said it expects its partner Mylan to launch insulin glargine across various markets in Europe in the second half of 2018. The company didn't specify the Australian launch but said it will happen later this year.          

No comments: