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liveforwin

Biocon is looking for buyers, If it didn't get, Short after Red!

Short
BIOCON LTD (NSE:BIOCON)  
liveforwin Updated   
NSE:BIOCON   BIOCON LTD
Trend Analysis Beyond Technical Analysis Chart Patterns rangebound breakoutfailure BIOCON
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trendanalysis beyondta chartpattern rangebound breakoutfailure biocon
Eventhough @Biocon shows good move, It can be pulldown if it didn't get buyers(demand). I mean there are 80% chances for fail breakout. To confirm it, short if the price closes below red line and if it shows less volume(less interest).
Comment:
Retest happened for long. Wait for breakout above dark green to take long position else wait for breakout failure and take short position after it closes red line.
Comment:
Awesome, Reached the line as mentioned.
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