KSR010

BIOCON "Swing Trade"

Long
NSE:BIOCON   BIOCON LTD
Due to the earnings declaration the prices were hammered, and hence was opened as gapped down,
Reasons For Selecting:-
1.Trendline acting as a support
2.Stock respecting Fibo levels
3. Double bottom pattern
4.Gap Filling.
placing a stop-loss @ 375,
Followed by the Targets 1 & 2
Comment: Consolidating

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.