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srikartiram
Feb 16, 2021 9:52 AM

BIOCON | Flag consolidation breakout occuring - 15% Long

BIOCON LTDNSE

Description

BIOCON | Flag consolidation breakout occuring - 15%

CMP : 417
SL : 400
Target : 445, 470


Trade closed: stop reached

Comments
mukeshsingh92
Kiran madam has done some messup and her upcoming IPO's head has resigned due to corporate governance issues...this breakout will turn out be a false breakout and a trap for investors.......so be very cautious.
mukeshsingh92
@mukeshsingh92, See, precisely same has happened......it was false breakout --- until the company comes clean of this corporate governance issue. Stock will only get a beating on every rise.
srikartiram
@mukeshsingh92, Very good conviction. I have taken the Stoploss anyway. I'm just a technical person when it comes to trading.
miteshkarwa5104
Not sure this will work
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