riyankok
Long

BIOCON LONG

NSE:BIOCON   BIOCON
Everything on charts

W shaped chart pattern and stock price at the Neckline level ready for breakout above 640

For 655+ levels buy
Trade active
Shouldn't W pattern be formed after a downtrend at the bottom as it signals a reversal of the downtrend into an uptrend. Price may still go up my comment is only for the pattern.
Reply
riyankok praveen.bhatiya
@praveen.bhatiya, Then what type of pattern is in biocon?
Reply
@riyak, Descending Triangle that works as a continuation pattern, What do you think?
Reply
riyankok praveen.bhatiya
@praveen.bhatiya, Agreed, Thanks for sharing the knowledge
Reply
@riyankok, It's my pleasure. We are learning together. :)
Reply
riyankok praveen.bhatiya
@praveen.bhatiya, I think on Monday it will indicate its final move, If it goes upward then it will break new highs and if it forms bearish bar then we can expect downtrend. What's your call?
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out