BioCon: Bearish formation

٦ ديسمبر ٢٠٢٢

BIOCON made an M pattern. But looking at the volume and the momentum, it seems the more selling will happen.

But if it bounces, then buy is also possible.

So both sides trade:

Trade: Buy above 280, SL: 276, T: 284/286
Sell below 272, SL: 276, T: 269/266