BIOCON
BioconBiocon is trading in ascending triangle pattern, enter short once the lower trendline is broken and target around 300.
BIOCONIt 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 Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
BIOCON AnalysisDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Biocon Stock very strong uptrend & bullish zone. In all Time frames Biocon stock is trading above the 50 EMA & in uptrend direction will going to create history . This stock will ready to record all time high. Above 395 stock can be taken for long entry for the target level of 405 to 415 . Now as a chart analyst we don't have the upper resistance level for the stock. So keep trailing your stop loss while trading.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
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BIOCON Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Go Long On Biocon- only for intraday and swing tradersbuy Biocon@346-347 levels and keep target upto 349-350 levels. enjoy easy profit of 1% of your investment
Biocon will have to push up quick.Prices are consolidating, the momentum is not picking up. Any failure to push above the current levels will render the stock into a correction which may push it towards the next support zone at 320 levels.
buy BIOCON b/w 325 and 340. target 400 abovebuy biocon when it comes down to 325 or buy when price is b/w 325-340.
keep a stop loss around 295. holding period is 3 months maximum. target will be 405 rs.
BIOCON SHORT INTRADAYBearish trend analysis, Detail within chart. BIOCON
This idea is an Intraday call.
THIS short position is recommended to be taken within 10-30 min of publishing the idea. Intraday position vary to frequently and you need to be vigilant and active in taking Intraday trades.
*DISCLAIMER*
Trading equity (or any other financial market) involves substantial risk, and there is always the potential for loss. Your trading results may vary. No representation is being made that any associated advice or training will guarantee profits, or not result in losses from trading.
Strong bearish trend appearing in the charts of BioconShort signal activated on biocon share. Strong support level of 345 has been broken. Confirmation given by the 2nd candle today. Can go for short with the target price of Rs 330 & 325. please keep your Risk to reward ratio as per your trading capacity of lots/shares size. Good luck
Biocon Short!Range bound price movement!
with a confirmation candle short position can be derived and can get a profit opportunity!
A rookie trying to learn
feedback are welcomed!
BIOCON - Consolidation in Short RangeBIOCON consolidating in short rage between 356 & 367.
I'll go long if it break 370 with volume.
BIOCON SellI have been watching this chart for past few days waiting patiently for the trigger.
The trigger happened at around 2pm today when I shorted this with futures at 358.50.
By 3.15 I closed at 348. But the trade itself is far from over.
The trade set up is obvious from the chart. A sharp run up tapered to a very narrow range when ultimately it just had to topple over for lack of momentum.
Like riding a bicycle.
Ideally, I would wait for it to bounce a bit towards 355 levels before going short again. Stop loss at about 367
The target would be around 330 that lines up nicely along 38.2 Fib level as well as the gap that would be acting as a pull.
BEARISH.BIOCON formed DOUBLE TOP in weekly chart.SHORT from hereBIOCON has just formed a DOUBLE TOP and look out for reversal from this level.
