Biocon, EW with Relation of maths for long.

I've already entered in long at 368 with an alert on 29 Jan 2021. I hope that you will get entry-level as mentioned on the chart at wave 2 retracement of wave 1 but I don't suggest holding position if the price falls 375 below.

This setup has higher risk and rewards 1:6 or 1:8 because of wave (3).

Check out the long-term chart.