MTECHTIPS :- BIOCON

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MTECHTIPS  :-  BIOCON:-       BIOCON is in HOLD LONG position Share is in sideways so for short term better buy above 677 or hold with stop at 589.2 The next resistance will be at 667.9 The BIOCON is now trading in highly oversold level. The oscillator is showing BUY signal .The short term buy signal is supported by 63 % indicators.
Intraday trend-Buy above 677 and keep stop below 648.9 Target is 689.8 next 710.9 Below 636.2 trend reversal can occur and next level is 615.1 The intraday signal is BUY and it is supported by 88 % indicators.

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