BIOCON LIMITED.Short
Biocon Rounding Top - Weekly Chart- Not for Intraday.
Biocon formed Rounding Top..
since this is weekly chart analysis the time duration for the target is 2 weeks to 4 Weeks.
Entry should be taken only if the breaks fib level of .618 level..
Note: There is chance for reverse @ .786 level. because the characteristic of Fibonacci is .786 level in day chart.. take this as first target.
Then final target is Fib level 1.
Hit Like if you like my analysis.
Thanks.
Telegram: t.me/Varthagamseivom
since this is weekly chart analysis the time duration for the target is 2 weeks to 4 Weeks.
Entry should be taken only if the breaks fib level of .618 level..
Note: There is chance for reverse @ .786 level. because the characteristic of Fibonacci is .786 level in day chart.. take this as first target.
Then final target is Fib level 1.
Hit Like if you like my analysis.
Thanks.
Telegram: t.me/Varthagamseivom
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