2020-01-21: BIOCON: SELL ONLY AT 299Please consult your financial advisor before taking a position in this.
SELL BIOCON at 299 with Stop-loss of 305 and Target of 286
BIOCON
Biocon 238 + Breakout, 210 Good Support ZoneBiocon bounced from the support area and now ready for a new breakout above 238 + level.
Biocon weekly chartBiocon
At channel support,
RSI suggest good entry point
Resistance may be seen at around 295 (Obesrve Weekly resistance trend line)
Biocon : Inverted Cup and Handle? Can someone please validate? Biocon price seems to have formed inverted Cup and Handle on a monthly candlestick chart. This is on the slanted price movement. Handle has reached 50% of depth of cup. Any significant upmove may invalidate inverted Cup and Handle. Need some more insights on Inverted Cup and Handle
BIOCON FIBONACCI LEVELSCURRENTLY AT 50 % LEVEL WHICH IS VERY IMPORTANT IF IT BREAKS IT ON CLOSING BASIS IN 30 MINUTE CANDLE GO SHORT TARGET GIVEN WITH ARROW
NOTE:TRADE AT YOUR OWN RISK
Biocon Repost !!!6th hourly candle near resistance zone ,Patten is completed, chances are high we are reaching first target
Breaking down from the accumulation Zone DownBroken the Accumulation zone
near 200 Daily SMA.
Braking shorter trend lines..
Likely to have a pullback down..
Biocon sell it !!Key resistance zone
Bat pattern completion on higher time frame
Would see some major pullback soon
Stop loss should not obvious
Follow if analysis is working or comment If not
Suggestions are welcome !!!
Just here spread good message among trading community
technical of bioconeducational purpose biocon on bullish setup ,do ur own analysis before taking any decisions
BIOCON SHORT ( INTRADAY )BIOCON SHORT ENTRY 262.15, STOP-LOSS 266.15, PRICE TARGET 251.35
NOTE : CONSULT YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.
Biocon: May come downBiocon
CMP 240
Look to sell for target of 233 / 226 / 222 / 214
SL if closes above 246
Safe trading...!!!
LUPIN trade setuplupin looks good and is set for another atleast a 5% run to the least in coming days
is in my buy on dip list with mentioned stop loss !
Biocon Rounding Top - Weekly Chart- Not for Intraday.Biocon formed Rounding Top..
since this is weekly chart analysis the time duration for the target is 2 weeks to 4 Weeks.
Entry should be taken only if the breaks fib level of .618 level..
Note: There is chance for reverse @ .786 level. because the characteristic of Fibonacci is .786 level in day chart.. take this as first target.
Then final target is Fib level 1.
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Thanks.
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