Biocon Ltd - Injected for a Short Term Rally !!!

We are witnessing emergence of two harmonic patterns in the daily chart of Biocon Ltd viz Bullish Shark Pattern and Bullish Deep Crab Pattern. Potential Reversal Zone (PRZ) of both the patterns coincides at same levels i.e. 440-444. Thus going forward, 440 levels will going to act as strong support for the counter. A close below 436 will negate the Bullish view on the stock.

Bullish Shark Pattern

Bullish Deep Crab Pattern

Godrej Industries - A Stock for 'Brighter Living' !!!

Bullish Bat Pattern in Weekly Chart of Godrej Industries

Buy Godrej Industries on dips to 285 (CMP : 290) with SL of 280 on closing basis.

Apollo Tyre - Tough Road Ahead

Apollo Tyre (Daily Chart) - Strong Resistance (224 - 227) of Multiple Harmonic Patterns

Bearish view will negate above the close of 230 levels.