Panacea Biotec (PANACEABIO) Share News & Alerts
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Panacea Biotec Ltd leads losers in 'B' group
▼ Bearish +5.78%
The stock is facing a sharp intraday cooling-off and leading the group losers because of heavy profit-booking by short-term traders. This comes immediately after a spectacular 60% multi-day rally triggered by the launch of their global DENSTAR dengue vaccine project. For positional traders, this creates an active high-volatility corrective phase over the next few trading sessions.
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