let it cross 230 and on confirmtion take monlty long with 6% risk let it cross 230 and on confirmtion take monlty long with 6% risk
Biocon Ltd. Stock on Daily TF we can see the Down trend from Jan 2021 which is still continue. Stock made new lower low and trade below 20day MA. Momentum of short term and long term also weak. Entry : CMP Sl : 242 Downside Move : 214
48 PER broken the 14 year trend lchannel also the lower sloping 3 year ( red Channel)
BIOCON Buy for intraday trading if stock breaks the given resistance level........
Reason for long a) double bottom b) mini pin bar c) SL compulsory
On a daily its looking to soon reach the bottom and then stake a small recovery before another fall. TP and ENTRY are in the chart... tread lightly Happy new year to all
Biocon Resistance is 245. If open Gap down below 245. Sell for the target of 240 SL 246.
Biocon M/W/D SL= 2300*2.15=4945 Low risk trade may bounce from low
Biocon, many supply zone inside weekly low and origin-wait watch Iff the weekly demand gets broaken, then plan for short in those daily supply zones
Reason for accumulation a) NO SL method for long term investment b) entry in 4 parts each as treateds unit. each unity has defined amount of 5K, if total capital investment protofolio is 3L (1.6%) c) follow entry as shown in chart
Bearish N wave in Biocon - the bearish retracement met its target of Fib retracement levels and possible continuation of the downward is in act.
#BIOCON NSE: BIOCON CMP: 267 TP: 320 SL: 250 TF: <6m RR > 4 times Return > 20% THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising...
Double Bottom Pattern Kind of Scenario is seen in Biocon. Biocon is a long term investment idea. It can be frustratingly slow moving at times. Biocon Ltd CMP-267.05 Red Flags:🟥 Decline Net Profit Decline Annual Net Cash Flow Green Flags:🟩 Zero Promoter Pledge Improving Book Value Dividend Yield @CMP – 2.51% Happy Candles Number –59/100 X/3 Entry: Closing...
As per Fibonacci levels NSE: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...
NSE: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.
tgt are 300 315 320 360 400 sl for this is just 260 on clsing basis disclaimer just for view purpose