mahhisingh

supply demand conversion zone

Long
NSE:BIOCON   BIOCON LTD

** This is a weekly time frame analysis (it is not like one buy and price start to move , it takes time to fly)

** Biocon is seating at demand zone (300-280)

**Stoploss -258-263

** targets_ 1st-382, 2nd- 426,3rd -483

This is simple setup for medium term swing trade ( success rate - 58% but reward are multifolds)

One should apply this strategy and find their own way to enter and exit.

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