July 18, 2016: The Biocon share price is under pressure. The stock made its life-time high of Rs.766 on June 30 and since then it has been falling'. It has fallen over 4 per cent in the past 2 weeks. Biocon opened in the market this week on a negative note once again and increased its fall by another 1.6 percent on Monday. The reversal from the life-time high of Rs.766 is indicating that a corrective fall could already have begun. The 21-DMA or Daily Moving Average at Rs.728 will be a significant resistance. For the downsi