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BIOCON SHORT

Short
BIOCON LTD (NSE:BIOCON)  
Saurav_charts Updated   
NSE:BIOCON   BIOCON LTD
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
HOURLY CHART OF BIOCON SHOWS HIGH SPREADS WITH HIGH VOLUME AND IS HEADING TOWARDS THE SUPPORT
A BREAK OF THE SUPPORT ON THE HOURLY CHART WILL LEAD TO GAP FILLING
TARGET - 290
STOPLOSS - 370
Comment:
AN HOURLY CLOSE BELOW THE SUPPORT ON FRIDAY HAS BEEN GIVEN
WAIT FOR THE SITUATION TO UNFOLD...!!!
STAY ON YOUR TOES MIGHT TEST THE SUPPORT AND THEN BOOOM NICHE.....!!!
Comment:
THE STOCK IS MOVING UP ON LOW VOLUMES
WAIT FOR A TEST OF THE RESISTANCE AND THEN ENTER WITH CONVICTION
TRADING IS BEST DONE WITH AN EAGLE EYE AND NOT LIKE A RABBIT WHICH HOPS ALL OVER THE PLACE
STAY ON COURSE YOU MIGHT GET A GOOD SETUP
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