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sbvinith
Nov 15, 2021 4:53 AM

biocon - falling wedge, upper trendline broken within wedge Long

BIOCON LTDNSE

Description

fib 50% retracement, falling wedge and dynamic resistance broken immediate upside 3-4 %, much more after wedge is broken (target will be updated later)

Comment

currently at the upper end of the wedge - it could either reverse on the downside from here or or break the wedge for more upside, would be reasonable to wait for breakout of the wedge pattern
Comments
StockWhizzer
So basically, downside is over or even 320 will go?
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