Stock Radar: Biocon stock price breaks out from upper band of a Symmetrical Triangle; should you buy?

Biocon Ltd has broken out of the Symmetrical Triangle formation on daily charts, suggesting a potential rise in stock price. Experts advise short-term traders to buy the stock for a target of Rs 403-436. The stock recently reclaimed crucial moving averages and is currently trading above most short- and long-term moving averages, indicating a bullish trend.