Breakout with good volumes for Biocon, 100% upside potential

100% upside potential (CMP - 242, Target - 484, SL - 165)
Biocon has been exhibiting strong reversal from all time support (165/Sh) to 242 / sh with good volumes
It has already breached above 50 DMA and going by the trend it would shortly breach 200 DMA also.

This is personal opinion and not an investment advice, idea shared for educational purposes only. Basis future events views can be changed.
Chart PatternsTrend Analysis

Feragatname