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
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.
Biocon Weekly: Don't get TrappedBIOCON
Price band marked is for ATH, in current week rejection is seen just below the lower band.
Be cautious for ur entries near to This band, it may trap for some time.
Some good entries would be btn 290-310; SL 280
BIOCON LOOKS BEARISH ON CHART AT 200 HOURLY EMAHello all..!!
Looking from the chart, Biocon have come near resistance zone. I have come to conclusion this stock would start downward journey.
What's your view on this stock write in comments ..
Disclaimer:
I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience. These are intended as educational material.
For tomarrow, Short biocon if red body crosses below flagbottomFor tomarrow, Short biocon if red body crosses below flagbottom, 15m
Target as marked..
BIOCON - SYMMETRICAL TRIANGLE PATTERN AND LONG TERM LOOKOUTSYMMETRICAL TRIANGLE PATTERN
1)This is Long Term probability, based only on a Chart Pattern that I have found out.
2)We are refering to a Monthly Chart here.
3)This Is extremely good stock to accumulate for the long term.
4)Should accumulate if comes down to a level of 240-260, that is Point No. 5.
5)Expect a major Breakout then.
OR
6)It may Break the Trendline at Point No.4 and Travel Upwards.
Biocon , breakout !!!!!!!!!Good breakout on the weekly side ,go long on dips til 295-290 with the sl of 275 on clbs and tgts of 320/340 positionally .
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BIOCON weekly chart analysis - Buy setup - Low risk high reward After a decisive close above resistance of 281+ Biocon is all set for a bullish rally
Buy at CMP 294+ and on dips upto 281
T1: 340
T2: 360
T3: 420
T4: 450
SL: 270
