Biocon breakoutBiocon LimitedNSE:BIOCONythakkar23Resistance Break: Price has surged to ₹419, breaking above the long‑term resistance zone around ₹419. This level has been tested multiple times historically, making the breakout significant. Momentum: RSI (14) at 65.1 shows strong bullish momentum, but not yet in overbought territory. Volume: The breakout is backed by strong volume, confirming buyer conviction. Trend Context: After prolonged consolidation, Biocon is showing signs of a trend reversal and potential continuation to higher levels. 🎯 Upside Targets (if breakout sustains): Target 1: ₹440 – immediate extension above breakout Target 2: ₹470 – prior swing resistance zone Target 3: ₹500 – psychological round number & measured move projection 🛡️ Stop Loss: Conservative: Below ₹400 (recent support zone) Aggressive: Below ₹385 (structural support from prior base)