BIOCON

dheemutrading

*educational purpose

InsiderB

Pattern within a pattern - yes it is ! So Biocon will be very good trade opportunity on Monday for both intraday and positional traders. Probably, positional traders have to wait for sometime as there is bit of distance between trendline and current price of Biocon. Its breakout patterns everywhere around the market, so choose and trade wisely.Lets expect next...

prajfinancials

BIOCON is in consistent uptrend. For last two months, it is is trading in a rising channel. Now it looks to have taken support on the channel support line around 395. A resistance turned support line also passes around 395. The stock can be bought @ cmp 409 for targets of 440-470 with a stop below 384.

Gopalmadison

#BIOCON - 4 hours Chart BULLISH BAT LONG setup POSITIONAL TRADE

sahjeshsoni70

1) Fib level 61.8 2) Parallel Channel 3) Presence of divergence Trade Strategy Entry point= 408 Stop Loss = Below 400 ( Closing Basis) Target = 440

iamdaliface

it is in kind of a mild bearish channel. might see the level of 400 in downside.

TukkaNomist

buy abive 445 sl 424 target 475-485

The_Indian_Trader_Pro

keep eye biocon

Resovan

To be truth this is one of my most favorite price action pattern to trade either side, I shared it with you guys so that you people can take the benefit of breakout! Have a happy trade!

nitikbadjatya

breakout or breakdown. for educational purpose

pankcajpm

I hope you can now see how the Biocon represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...

shaleenbansal

Symmetrical Triangle observed in biocon 1H TF. Stock is in an extended uptrend and will keep moving up for foreseeable future. Long Entry at 332.50 T1 440 T2 446 SL 424.50 Given that the Pharma is in uptrend and Biocon is leading the pack, Downside is very limited. Also Trend is a Friend.

aryanamar

Take long position if it crosses the trend line with good volume or crosses the price range of 433-435. If it finds resistance at 433-435 price range or at trend line, the short by taking small targets, as it is an uptrend so shorting is not advised but shorting by having small targets is a good idea and remember it could come back to the lower trend line also.

Algokart

NIFTY - Technical Analysis: On the daily chart Nifty broke into the previous wedge after giving a failed breakout There was a big OI build up for weekly call options at 10700 strike, indicating that writers are confident that Nifty won't cross 10,700 levels in the next 2 days MACD entered negative levels, giving out a strong sell signal NIFTY - Driving...

digitalkvs

Bull Flag above Resistance. Can go LONG after breaking the Flag pattern. Ideal ST 363 NOTE: This is just for educational purposes. Trade only after proper self-study of the chart.

Resovan

Biocon has given a beautiful breakout and also retested the previous resistance now heading upwards again... Have an eye on it!

mr-sky

Update Dt. – 11-07-2020 Price is a trap between the triangular pattern and the share is near an all-time high. On 10-07-2020 the share made the all-time high of ₹420.5 and closed at ₹414.3. Price is also taking the support of 21DEMA and 50DEMA also indicates the uptrend. From 1st week of June, the share price was in consolidation form ranging between 380 to 400...

TMugembo

Views are for educational purpose only