technical of bioconeducational purpose biocon on bullish setup ,do ur own analysis before taking any decisions
BIOCON
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.
Hit Like if you like my analysis.
Thanks.
Telegram: t.me
Biocon Long term investment b/n 190-205BIOCON
CMP: 250
Entry levels for investment at around 190-205
supports and resistance for lupin lupin positional looks good on charts for long
levels mentioned !!!
Biocon : Increase in activityBuy above 561 (15 minutes candle close) with stop loss below 550 for target 590
Volumes have been spiked in last couple of 15 minutes candle indicating activity from traders for directional view. It has again reversed from 558 level which a retracement resistance. If it crosses 559 with volume and close above it on 15 minutes candle then major move can be expected as it has already taken medium term trend line support.
Biocon : Respected Support lineBuy Biocon at 545--543 SL 537 target 558-560 or Buy above 561 with stop loss below 548 for target 585
Biocon has bounced from the trendline drawn on daily chart. Volume in last 2 days are good. MACD has turned positive but still bill signal line. Hourly chart is showing positive divergence on MACD and also crossed signal line. 560 is the resistance above which it is likely to touch 585.
BIOCON clear volume break out with an engulfing candleOne can buy BIOCON for a target of 50% fib level .
I think tomorrow we will have a great upside on this stock as we can see a great buying activity on Friday but FIIs I assume tommorow we may ride up and this stock can give us some good bucks .
Perfect breakout after a long downside with volume.
Follow I like my analysis !!
One tip for tomorrow you can also buy balkrishna industry at 810 .
That my thoughts do your own research please
Thanks
