Biocon continues to be good buy on declines: Sandeep Wagle

ET Now spoke to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, for a technical check on Biocon.

How is Biocon looking like on the chart post those dismal numbers?

We had recommended Biocon yesterday and we still feel that it is a good buy on declines. We have recommended it in the range of 330 to 325. Possibly, the worst is over and 320.50 should be the stop loss. We are looking at a price target of somewhere around 354-355.