Akshay15

Normal Stock Cycle in Biocon.

Short
NSE:BIOCON   BIOCON LTD
120 views
2
This fooling around rally happening in biocon should fade & stock would correct severly in next few months.

Comments

Agree, at best it will create a double top and fallllllllllllllll
Reply
Appears to be in elliot third wave, it could move upwards...
Reply
Akshay15 trade4cast
@trade4cast, It's good to see that retail crowd still interested in buying, Big guys will get a getaway at the expense of small investors which always happens
Reply
My difference is that it is making a New high then consolidating(retracting a part) & then once again resuming its upward journey..you can see in the graph on three occassions..take ur own call & as per fundamentals only first level is crossed & many many more are to come
Reply
Akshay15 RakeshShah
@RakeshShah, It's good to see that retail crowd still interested in buying, Big guys will get a getaway at the expense of small investors which always happens
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out