NeeteshJain
Short

SHORT Biocon facing selling pressure at "Resistance"

NSE:BIOCON   BIOCON
It is been observed on the daily chart that the price action reaches to resistance levels of 928-938 levels where it made a double top and facing a selling pressure as the prices dipping down and failed to break over the resistance. Now, it shall further breaks down below.

Target1: 900
Target2: 880
Stoploss: 942
Trade active
Trade closed: target reached: Target 1 reached successfully. Regards
Look like it is apporaching stop
+1 Reply
is this the level for shorting
+1 Reply
NeeteshJain SaurabhSrivastava28
@SaurabhSrivastava28, Yes, it may fall down from the resistance levels with stops at 942. Regards
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out