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multibogatie
Oct 17, 2021 7:42 PM

Buy Biocon in range 339 to 367 Long

BIOCON LTDNSE

Description

Buy Biocon in the range 339 to 367.Average Down at 221. SL 190. Target } 490+. Risk:Reward around 1.09
Comments
StockWhizzer
Avg @ 221 or 321??
multibogatie
@StockWhizzer, 221 is a major support of Biocon so we average at 221 if price comes down to that level.
StockWhizzer
u mean below 320, straight 221?
multibogatie
@StockWhizzer it means that "if" price comes down at 221 then we average our buying at 221. Price may or maynot come at 221 level anytime soon but if it does then averaging at 221 is a good option.
StockWhizzer
What bout 335 PE @ Rs 7/- ?
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