Congrats to everyone who have studied my BIOCON pattern took the breakout entry and captured a huge move in intraday
People who have just watched it and learnt from it is also appreciating
This is the power of Price Action
If you are learning from my ideas and getting any benefit from it please like my ideas its a motivation for me.
It had reversed from Bearish Harmonic Deep Crab at 400. Today it has activated a C Clamp. Both in daily time frame. It could retrace till 360 provided it does not go above 400
Biocon Buy above 633 with the SL of 614 for the H&S (in 1 Hr Chart) Target of 660 -670
And you can hold for further upside with Trailing Stoploss as it is a Triangle breakout in Day chart.
Its my view for my trading purpose. Please refer and take your own Trade with proper SL/Risk.
Thanks & Regards,
Ram
nifty pharma was weak in the previous month while when market is setting record highs, this sector is silent as of now... as per chart it must be the one who may provide strength to nifty ! in the days to come !
