BIOCON

As per elliott wave perspective Biocon currently trading in its wave C with internal five wave structure. Fifth wave of "c" is also forming internal five wave and about to form falling wage pattern. Any sign of pullback will give strong short term trading opportunity in this stock and I expect stock may jump towards 560 - 575 which is 38.2% and 50% fibonacci...

Buy above 561 (15 minutes candle close) with stop loss below 550 for target 590 Volumes have been spiked in last couple of 15 minutes candle indicating activity from traders for directional view. It has again reversed from 558 level which a retracement resistance. If it crosses 559 with volume and close above it on 15 minutes candle then major move can be...

lupin positional looks good on charts for long levels mentioned !!!

Buy Biocon at 545--543 SL 537 target 558-560 or Buy above 561 with stop loss below 548 for target 585 Biocon has bounced from the trendline drawn on daily chart. Volume in last 2 days are good. MACD has turned positive but still bill signal line. Hourly chart is showing positive divergence on MACD and also crossed signal line. 560 is the resistance above which it...

BEST BUY STOCK TODAY

One can buy BIOCON for a target of 50% fib level . I think tomorrow we will have a great upside on this stock as we can see a great buying activity on Friday but FIIs I assume tommorow we may ride up and this stock can give us some good bucks . Perfect breakout after a long downside with volume. Follow I like my analysis !! One tip for tomorrow you can also buy...

BIOCON - LONGNSE:BIOCON

Please see the chart and reasons...

Please see the chart and reasons...

Please see the chart for level and reasons

Biocon has strong support around 553 which is unlikely to break hence one can go long for the target of 587, keep 553 stop loss.

- The trading decision need not be full of complex indicators, it can be as simple as this one. - Biocon is taking support at the lower end of the weekly channel - Note the volume picks up as soon as it reaches the lower end, a similar rise in volume can be acknowledged - MACD showing an upcoming bullish trend - Look for targets of 740-750

Eventhough @Biocon shows good move, It can be pulldown if it didn't get buyers(demand). I mean there are 80% chances for fail breakout. To confirm it, short if the price closes below red line and if it shows less volume(less interest).

Good buying opportunity on Biocon, risk is less. SL can be maintained on 2ATR. 3/2 Risk Reward can be used with Lucas Base.

bullish divergence hammer in bottom..taking support at 590 level..taking 590 as stoploss can go long.

Biocon seems to be in a rangebound zone where the lower band of the range is near 605-610 and the upper band near 660-70 levels. Being near the lower band of the range, in trendline support zone, biocon is good risk reward trade for bulls. Buy Biocon between 605-612 with a stop below 599 on daily closing basis ... for target of 630-40-50.

Monthly chart CNXPHARMA Price action: Blue arrows show higher top and bottom Line studies: Price moving out of red downtrending channel Averages: Support at 200 period EMA in June 2018 and Feb 2019 RSI: Bullish divergence + trending upNSE:CNXPHARMA Comment: One can consider investing in pharma funds/Etfs with a systematic investment strategy for 5 years (Holding...

Biocon Closing Price 628 - The stock is at important levels and we try to analyse different possible scenarios and how one can plan their trade. - we are looking at 4 possible situations and accordingly one can plan their Trading strategy:- Situation 1 - In case of dips look to buy in the zone of 618-607 levels for target of 662 / 682 initially. - pattern...