BIOCON LIMITED.
Long
Updated

BIOCON NSE

Date 28th Feb 2024

MACD showing HL while Price A. Showing HH,

This Indicates Sellers are Exhaust.
but still can't make new Higher Low in Price Action,
means buyers are in Command now.
Note
Buyers are in Command.
Break small hurdle of 282.
Note
Good Gap Up Opening for today hope it survive.

Sluggish movement between 270 to 290 price range due to high volume which indicate indecisiveness from both buy and sell side.

Expecting strong move after it breaks this range.
Trade closed: stop reached

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