TradeTechAdvisors

Biocon : Increase in activity

NSE:BIOCON   BIOCON
Buy above 561 (15 minutes candle close) with stop loss below 550 for target 590

Volumes have been spiked in last couple of 15 minutes candle indicating activity from traders for directional view. It has again reversed from 558 level which a retracement resistance. If it crosses 559 with volume and close above it on 15 minutes candle then major move can be expected as it has already taken medium term trend line support.
Order cancelled: call didn't initiate
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