c0dchef

BIOCON - 4H TF - Head & Shoulders

Short
c0dchef Updated   
NSE:BIOCON   BIOCON LTD
Head & Shoulders pattern forming on 4H Chart of BIOCON. SELL 384, SL 410.1, Target(s) - 368, 350. Measurement = 59. 380 seems to be providing ample support in the past. If 378 is taken out, 368 is the next stop. After 368, comes the psychological level of 350 and then 345. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Trade closed: stop reached:
372.25
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