Biocon Rounding Top - Weekly Chart- Not for Intraday.

Biocon formed Rounding Top..

since this is weekly chart analysis the time duration for the target is 2 weeks to 4 Weeks.

Entry should be taken only if the breaks fib level of .618 level..

Note: There is chance for reverse @ .786 level. because the characteristic of Fibonacci is .786 level in day chart.. take this as first target.

Then final target is Fib level 1.

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Thanks.

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