Akashyadav92
Long

Enter Long in BIOCON if crosses above 636

NSE:BIOCON   BIOCON
Enter Long in BIOCON if crosses above 630 (Aggressive Trader)
else
Enter Long in BIOCON if moves above 636

Target 1 - 648
Target 2 - 660
Target 3 - 680+

Last Swing (Higher low) 610 acts as a Stop- loss

*RECOMMENDED FOR POSITIONAL TRADE
AS PER MY TECHNICALS IT HAS A MORE POSSIBILITY TO COME DOWN
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@agilram, Thanks for your view, as it's a symmetrical triangle so will be placing order at breakout, let see in which direction it goes?
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From your chart it's forming lower highs and higher lows. What does it signify?
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Akashyadav92 jamalansari
@jamalansari, Symmetrical triangle, breakout may be seen but it may be in either direction up or down.
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Akashyadav92 jamalansari
@jamalansari, It basically shows consolidation phase, neither buyer nor seller are strong to move scrip in their respective direction. So we can assume that breakout is coming near and we may place order once the breakout is confirmed but this could be in both direction.
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