Date 28th Feb 2024 MACD showing HL while Price A. Showing HH, This Indicates Sellers are Exhaust. but still can't make new Higher Low in Price Action, means buyers are in Command now.
BIOCON- VCP in Making X weeks X Range above 144 1) Strong VCP 2) Good Trendlines 3) ready breakout
#Biocon #Momentumstock #Swingtrade #BreakoutCandidate BIOCON : 200 EMA Breakout Soon >> Momentum Stock >> Bottomed-out Stock >> Good Strength & volumes in stock >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by...
BIOCON looking is good it is in strong trend line support First target@295 Second target@318 Stop loss@255 Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading.
NSE:BIOCON cmp 298 a quick 20% move can be expected giving a target of 360 The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain...
Biocon is among few stocks which did not participate in Pharma bull run. However stock has recently given a big volume bounce from its demand zone. 295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA. 1st breakouts are normally traps so use pyramiding to save your capital. If stock posts good...
Biocon made a strong bearish candle on 8th January and gave closing below candle on 12th Jan. The stocks is sell on rise as per our analysis around 280 - 285 with the SL above 295 on closing basis. Targets are marked on the chart with green lines. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on...
BIOCON (1W TF) - Swing Trade Analysis given on 12th Jan, 2024 Pattern: ASCENDING TRIANGLE BREAKOUT - Breakout & Retest - Done ✓ - Volume Spike at Resistance - Done ✓ - Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #biocon
#BIOCON #stockstobuy #trending #swingtrading Biocon weekly Breakout of Important Resistance zone. Expected upside further move.. Good swing trade chart. ✅☯🧧🛫 Buying level - CMP - 282 Target level - 326 (14%) Stop loss - 265 (7%) RRR: 1:2
BIOCON breaking c&h pattern with huge volume and good rsi trading above all key ema educational idea only
Biocon 1.if Price will close above 265, Price will go Target 1.
target would be 229 sell zone from high today sharp move from morning and now its start lower low mwking from resistance level its a clear sell trade
Biocon looks good for buying for short term. Targets will be 300 and 335. Reason for trade, 23 May candle was high selling volume candle, price has closed above this candle high with good volume and price movement. This can give thrust to price movement. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please...
BIOCON Daily chart is showing Flag-Pol Pattern Breakout.... Targets coming 20% upside in next 50 days. LTP - 244 SL - 230 Targets - 290+ Timeframe - 50 days.
this stock is breaking above the daily descending resistance👀
Biocon on long term count has either completed wave 4 & started wave 5 up which can reach 780-1060 levels or its forming triangle in Wave 4 of which wave A is complete & we are rising in Wave B Up so in both cases prices should remain bullish as the moves unfold we can decide if its impulse or counter trend move at least a move towards 374 is possible in wave B...
BIOCON is showing signs of a breakout, so far volumes are not supporting it. For any entry into longs it would be better to wait for a strong candle with good volume support.
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book