sachinlefty

BIOCON ShortTerm Positional upside idea

Long
NSE:BIOCON   BIOCON LTD
BIOCON is sustained above major resistance of 270.
My idea is to take entry once price correct or retest level of 272. It will be best risk and reward option.
My stop loss will be 255 and upcoming target would be 316 & 349.

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

Thanks.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.