Short Biocon, says Jagannadham Thunuguntla of SMC Global.
Thunuguntla told CNBC-TV18, "Biocon on the short side with a day target price of Rs 310. The stock has been under some pressure in the recent past with about 10-15% correction in the recent past. The stock is selected in that context with a day target of Rs 310."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!