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Platinum Member
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Biocon has seen a (breakout?) of its downward sloping resistance trendline, near the highs of February 6 and April 24, and formed a strong bullish candlestick pattern on the daily charts, with robust volumes. The stock rallied 5 percent to Rs 306, its highest closing level since August 30, 2022, and traded well above all key moving averages.

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