biocon facing resistance at all time high , if cross can blast
Biocon Limited : Biopharmaceutical Company ( NSE:BIOCON ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or...
Biocon Limited : Biopharmaceutical Company ( NSE:BIOCON ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or...
BIOCON - enter with stoploss of 528 and price target of 10%, 30% and 50% upside for Short, medium and Longterm
buy above 447 on ATH breakout target 450, 453, 457
BIocon stock long entry above the highest resist. level of 440 for the next target price of 480 -500 with SL 415. Always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask. Watch the August month performance sheet. All trading ideas freely shared here for your...
CMP 430 SL 434 Target - open (1:2 ; 1:3 RR)
Price is super bullish and nearing All time high. After taking previous support price is moving super strong, within 4 days it moves almost 50 points. Not the perfect time to go long, let the price gets settled then we will think about long option. As if now one can scalp this script.
enjoy biocon gud descending triangle pattern observed , with break out. hope editor also like the idea
BIOCON:- breakout buy at 400 tgt 440₹ sl 370₹ RSI breakout #Disclaimer:-I just shared view for only educational purpose.
Note: This is for educational purpose only. There seems to be an ascending triangle bullish breakout with good volume (not too high). There seems to be a similar breakout in the RSI as well. RSI is 54 which is in neutral zone. As per the chart it seems that the bulls are back in control post a substantial push from bears.
Buy Biocon Above 397 TGT 400-402-404 SL 391
The price action is saying that this breakdown might fail but still we have to be prepared for both the sides. Read the H&S educational post attached to this idea. Please do not consider this idea as a tip. It is an analysis for the traders who want to learn practical technical analysis. Do like and comment. Regards
a. Zone: Strong Bull b. Resistance 1: 395.80(Double Top Bearish Pattern) c. Resistance 2: 397.30 d. Support 1: 393.20(Double Bottom Bullish Pattern) e. Support 2: 392.15 NSE:BIOCON
One year of channel Uptrend. But notice the 6 weeks -yes SIX weeks - of lower lows since mid July.
Hey Hey tradershope u guys are doing well to help you guys in your trading Im sharing this triangle pattern in made in The BIOCON chart! If find any potential move go for it! Patience is the key, wait untill the breakout either side! & happy trading -Rv The Trader For more information or queries you can always contact me!
A break below may open targets of 380 if not beyond, specially if Pharma continues its consolidation