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Einstein15
Jan 10, 2018 1:02 AM
BIOCON Channel Breakout
NSE:BIOCON
60
BIOCON LTD
NSE
Description
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Jan 10, 2018 1:02 AM
BIOCON has been moving in an upchannel for a month now, making lifetime highs on every swing highs. Made a flat top triangle recently and broke out of it, and retesting the level again. Awaiting a reversal or a breakdown
Parallel Channel
Triangle
BIOCON
Comments
Mh_5
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Jan 10, 2018 2:19 AM
Superb, this had been added to my watchlist as it broke out recently after good consolidation..
Einstein15
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Jan 10, 2018 3:20 AM
@mahabalesh, Yea. its ripe.
bnjanamatti
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Jan 10, 2018 2:18 AM
It will have a break out and may reach 580+ Thanks GBU
Einstein15
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Jan 10, 2018 3:19 AM
@bnjanamatti
, Yeah, it seems more likely. Thanks
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