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sachinlefty

LOW RISK HIGH REWARD IDEA BIOCON

Long
BIOCON LTD (NSE:BIOCON)  
sachinlefty  
NSE:BIOCON   BIOCON LTD
Support and Resistance Pivot Points Fibonacci BIOCON bioconlong bioconanalysis biocontrading bioconideas bioconltd biocontrend
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supportandresistance pivotpoints fibonacci biocon bioconlong bioconanalysis biocontrading bioconideas bioconltd biocontrend
As per Fibonacci levels BIOCON has been retraced 70% on weekly chart. Now price is trading at major support of 270.
My idea is to take entry at 270 with Stop Loss of 255 (-15 Points only). My expected up side target will be 287 (+17 Points) & 311 (+41 Points). This could be low risk and high reward option.


Note: This is my personal analysis, only for learning. Thanks.
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