🧬 BIOCON – The Biotech Giant is Quietly Building a Base for the Next Mega Wave! 💥

After a textbook Elliott Wave 1–2 correction and a 2-year consolidation, Biocon seems to be preparing for a massive Wave 3 breakout. The current structure on the monthly timeframe is clean and coiling for a big move. 📊 Key Observations: Elliott Wave structure: 1 completed, 2 in place, 3 loading... 🔄 Long-term support held strong near ₹192 Currently testing resistance near ₹378–₹400 zone Fib retracement zones align with breakout targets — 📍Next key breakout level: ₹485 🚀 What’s the Bigger Picture? With the fundamentals of biosimilars and global expansion backing it up, Biocon may be looking at targets of: ₹665 (Wave 1 projection) ₹957+ (1.618 Fibonacci extension) — 🎯 mid-term to long-term potential ⏳ TIME & PATIENCE This isn’t just a short-term trade — this is a potential wealth compounder in the making, especially as institutions look for strong pharma bets. 📌 Are you watching this stealth setup? Or are you still stuck chasing noise?