Biocon looks weak

Biocon is not a buy from any angle at the moment. If you want to invest in it, buy it in bits and pieces. For swing traders, the risk reward is to the downside. Forming Head and Shoulders on weekly. Head and shoulders is a very powerful pattern, and the expected move to the downside would be almost equal to the distance between the peak (head) to the baseline...I won't be buying Biocon until it comes to much lower levels.....Trade safe