Reason for long a) fib reversal level b) reversal candle for long c) support level Sl compulsory
i see stock going down till 237.75.....which is a good level to buy
BIOCON is in trendline for long term buying, its good to hold it for 6 months to 1 year. it is in good support. Trail stoploss.
Biocon is in its lowest support. soon the bull rally of oharma is going to come. you could see the last candle, made a touch to its lowest support and bounched back up. adding on: even look at the size of last 3-4 red candles, which are getting smaller in size. saying that sellers are getting in control, and markets forming a range. price targets are mentioned.
Reason for log a) HSP for long b) Good volume breaks previous day high SL compulsory Duration 5 days
Biocon 320 Above Weekly Close Next Target 360 good for Swing Entry 320 above close
BIOCON - Hidden bullish divergence accompanied by max volume at profile support. The risk reward ratio is highly favourable here. One can go long with a SL of this week's low.
Hello and welcome to this analysis BIOCON which has been in a downtrend for a very long time now has given a mega reversal signal via an ABANDONED BABY BOTTOM Abandoned Baby Bottom reversal are similar to Island Reversals, where the isolated candle is formed with a gap down preceding it and a gap up succeeding it. This could now rally till 320-340 where it...
Watch Biocon BIOCON - 300 is make or break it will be a buy candidate above 317 and sell candidate below 300 for tgt 270
Biocon moving in channel Possible short setup NSE:BIOCON
Short term trend analysis of BIOCON buy at 307 SL : 311 Target : 318 Risk to reward : 1 : 1.8
Few months back, We recommended biocon for long position from 315 to 400. Which is completed. Now our analysis is form shorting biocon. After 40 days of consolidation, Biocon closed below 315. If biocon retest and gave closing below 310. We can short futures for target of 300 & 280 or trail our profits with a SL of 320. Levels are clearly Marked. Follow...
this is the possible move in biocon- keep stop loss strictly
BIOCON looking weak below 319-320.It may break its important support 319-320.Looking target 310-300-290 in short term.Also keeping on radar Biocon 320 PE.
Formation of triple top pattern in biocon at top keep looking
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NSE:BIOCON Trade Setup for 18-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...