liveforwin

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

Short
NSE:BIOCON   BIOCON LTD
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.