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NeeteshJain
Sep 16, 2016 8:34 AM
SHORT BIOCON - SHORTING SETUP
Short
NSE:BIOCON
1D
BIOCON LTD
NSE
Description
⋅
Sep 16, 2016 8:34 AM
The price action is been trading in a leading diagonal pattern which is now indicating weakness as higher prices rejected by sellers and sellers are now in dominance.
I would suggest to short this one on every rise.
Target 1: 850
Target 2: 825
Stoploss: 940
Trade with care, thanks for your support.
diagonal
NIFTY
BIOCON
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