Buy PANACEABIO

PANACEABIO is strong on daily Charts & bullish cross over in KST and good numbers at CCI shows bullish movement a head therefore I would suggest to buy above 344; this can see upside to levels closer to Rs 361 – 365 zones, keep stop loss below Rs 310.

Stock has been gaining for the last 4 days and has risen 25.66% in the period & Outperformed Sector by 11.93%. Price has risen by 13.30% and Vol has risen by 289.15% (Vol compared with 5 day avg vol till 04:00 PM. PANACEABIO was closed 12.63 percent up today at Rs 337.45 at NSE.