InvestorQ : Hi there, I saw your recommendation on the website and I bought BIOCON share and it has been down 20 rupees. I want to hold it but how long should I hold ?
Abdul raheem made post

Hi there, I saw your recommendation on the website and I bought BIOCON share and it has been down 20 rupees. I want to hold it but how long should I hold ?

Answer
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diksha shah answered.
4 weeks ago


I have been telling traders that use every dip to buy into Biocon. While the stock may look steep on valuations, the big advantage is that the full impact value of its units like Biocon Biologicals and Syngene are not yet reflected in the price.

I suggest you should add on dips. This is a slightly long term call of around 2-3 months and you can even hold it longer. Eventually, this stock should scale Rs.500 mark on the upside.