$BIO

Market Event: Price rejected downside extension after a liquidity sweep under near support and recovered into the prior value area.

Momentum Implication: This shifts short-term control back to buyers, but continuation still depends on support holding on retest.

Levels:

• Entry Price (EP): Rs9.32–Rs9.50

• Trade Target 1 (TG1): Rs9.88

• Trade Target 2 (TG2): Rs10.32

• Trade Target 3 (TG3): Rs10.85

• Stop Loss (SL): Rs9.08

Trade Decision: Long bias is favored if pullbacks stay shallow and price holds above the reclaimed range floor.

Close: If Rs9.32 holds, the next move should continue toward higher liquidity.

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