supply demand conversion zone
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)
** 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.