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biocon share price: Stock Radar: Time to buy? Biocon coming out of downward sloping channel; likely to hit fresh 52-week highs

Biocon Ltd, in the pharma sector, witnessed a 40% decline from the December 2020 high but shows signs of a bullish trend. Traders are recommended to consider buying for target levels of 325-350. The daily Relative Strength Index (RSI) is at 65.0. RSI below 30 is oversold and above 70 is considered overbought, Trendlyne data showed.
Biocon Ltd Stock Radar Relative Strength Index Pharma Space Downward Sloping Channel Biocon Share Price

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