Tremendous Loss of Momentum in BIOCON

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Looking at the weekly chart it looks rally is tiring itself & there is huge loss of momentum in BIOCON as ROC dropped pretty sharply. Stock can face serious correction going ahead.

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ملاحظة

One should take a look at this chart stock market cycle & decide the stage Biocon is right now here is the link: google.co.in/search?q=stock+market+cycle&client=firefox-b&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjUsYWWyYPRAhUEK48KHQqqDLkQ_AUICSgC&biw=1366&bih=659