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FrankzMD
Mar 3, 2024 1:20 PM

BIOCON -long for 15 % up move  Long

BIOCON LTDNSE

Description

symmterical triangle pattern
MACD crossing above zero line
price>3>6>18>50>200 EMA
stop loss and taregt marked
Comments
FrankzMD
postmortem analysis: march 4 candle was a strong pinbar bearish candle with heavy volumes . shouldnot have entered until this candle level was crossed .should have exited with march 4 closing
FrankzMD
keep 270 SL.till date it was defending 18 day EMA. if today's close breaches 18 day EMA , exit
amit.medhekar
@FrankzMD, OK Thx
amit.medhekar
Any update on this ... continues to fall ...
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