Infosys:
Ending Diagonal completed in corrective wave (C) and prices started moving down sharply today. Expect next few days to move prices to 900 level quickly.
Biocon:
Post ED prices moved sharply in Oct in wave A and now wave B is in progress. Wave (C) of B is likely to make ED (yet to confirm, but pattern looks quite possible). Post completion of wave B, prices will move sharply in wave C to levels of 650/600.
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