Buy Biocon for the target prices of Rs 245.75/248/Higher with a stop loss of Rs 238.5: ICICIDirect

​We said, "On the upside, 17631-17664 remain crucial levels." Index kept below the said area. Trading volatile and lackluster as a result, it finished 129 pts or 0.7% lower. Most indices ended flat to negative. The Auto, FMCG, Realty and Oil&Gas Indexes lost about 1% each, and the A/D ratio turned negative 1:2.

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