Biocon looks good for buying for short term. Targets will be 300 and 335. Reason for trade, 23 May candle was high selling volume candle, price has closed above this candle high with good volume and price movement. This can give thrust to price movement. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please...
BIOCON Daily chart is showing Flag-Pol Pattern Breakout.... Targets coming 20% upside in next 50 days. LTP - 244 SL - 230 Targets - 290+ Timeframe - 50 days.
this stock is breaking above the daily descending resistance👀
Biocon on long term count has either completed wave 4 & started wave 5 up which can reach 780-1060 levels or its forming triangle in Wave 4 of which wave A is complete & we are rising in Wave B Up so in both cases prices should remain bullish as the moves unfold we can decide if its impulse or counter trend move at least a move towards 374 is possible in wave B...
BIOCON is showing signs of a breakout, so far volumes are not supporting it. For any entry into longs it would be better to wait for a strong candle with good volume support.
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
BIOCON showing good momentum past 2-3days big player are active on 223 level will give good move!
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
Biocon trading near it's hourly support zone @ 223 - 218 and expected to show a bounce towards marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow. The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price. The close can be above or below the opening price, although...
$BIOCON is going down and will reach 210, if the current trend persists. Trend analysis showing the downtrend movement.
Biocon monthly wave 1,2,3 complete and wave 4 process and again go upside wave 5 Wave 1 complet 23 month or return upside 463.17% Wave 2 down side time 20 days or 138% return Wave 3 upside time 102 month or 1814% retun Wave 4 down side 27 month or 270 point down
Nifty Pharma Near Make-or-Break Zone 11200/11400 Nifty Pharma on Long Term Charts nearing make or break zone Reversal from here will be good opportunity for long term traders / investors
you can sell on breakout or you can buy at support depend on the candle both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow. The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price. The close can be above or below the opening price, although...
The share of Biocon has been struggling for the past many months. It has corrected in an unprecedented manner. However, it has just come to a support which, if held, can be a good place for a reversal in this stock. Keep it on your watchlist. Support line is clearly marked in the chart.
both side potential wait for box breakout avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books