Palkesh_Agrawal

[ INTRADAY ] BIOCON SHORT BET

Short
NSE:BIOCON   BIOCON LTD
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings

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Trade active
Trade active: Trail SL to Entry
Trade closed: target reached: Trade closed
1:2 received

Comments

Is this heading below 350?
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Palkesh_Agrawal StockWhizzer
@StockWhizzer, Right now it took support on 363.25, if this level breaks down then we can see 350 very soon
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ok, below 350, is 280 coming?
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Also, your view on MnM fin, headin for 120/130?
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