InsiderB

Biocon : Rising Flag & Symmetrical triangle

NSE:BIOCON   BIOCON LTD
Pattern within a pattern - yes it is ! So Biocon will be very good trade opportunity on Monday for both intraday and positional traders. Probably, positional traders have to wait for sometime as there is bit of distance between trendline and current price of Biocon . Its breakout patterns everywhere around the market, so choose and trade wisely.Lets expect next week to be as good as this week we had with Nifty ,Ambuja cements& few others.
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!

Comments

How do you identify the various patterns? Is this all done manually or do you use any software? While on the subject, your ideas are great educational tools. So kind of you to be sharing these with others.
+1 Reply
Thanks for your nice words VPS. I'm glad that you like the content I share. I don't use any software for identifying patterns, only hardware is pair of Eyes :)
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Hi, You have said it right Its breakout patterns and nifty also on fire, but to trade wisely and with your guidance it will be profitable. Thankyou.
+1 Reply
InsiderB theeye
Yes you are right about patterns,The continuous support of persons like you keeps me motivated to post my analysis here and to share knowledge.
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