thetagainers

BIOCON clear volume break out with an engulfing candle

Long
NSE:BIOCON   BIOCON LTD
One can buy BIOCON for a target of 50% fib level .
I think tomorrow we will have a great upside on this stock as we can see a great buying activity on Friday but FIIs I assume tommorow we may ride up and this stock can give us some good bucks .
Perfect breakout after a long downside with volume.

Follow I like my analysis !!

One tip for tomorrow you can also buy balkrishna industry at 810 .
That my thoughts do your own research please
Thanks
Trade closed: target reached:
78.6 find level reached enjoy profits
Comment:
If you also followed the tip then see the balkrishna industry high at 825 .

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