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Apr 27, 2012, 01.38 PM IST
Sudarshan Sukhani of s2analytics.com is of the view that above Rs 245, Biocon will be an excellent buying opportunity.
Sudarshan Sukhani of s2analytics.com is of the view that above Rs 245, Biocon will be an excellent buying opportunity.
Sukhani told CNBC-TV18, "Biocon is a good stock to identify. Biocon maybe giving the impression of being bottoming out because the last 1.5 month it’s in a narrow trading range so whatever declines were to happen have already happened, its not falling any more, its choppy almost like the Nifty. So if the stock now shows signs of life of moving up of crossing Rs 240-245 hurdle, it will certainly be an excellent buying opportunity."
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