Biocon At channel support.Biocon on important support. Doji on Daily and Hammer on Weekly Channel support. Friday's price action is important.
BIOCON
Biocon facing multiple resistance Biocon might have completed wave y. Biocon is facing multiple Fibonacci resistance (Fibonacci cluster). Short below 641 for target 634/24 with sl 648.
Ignore Fibonacci levels on the chart. I have published it in quite unprofessional manner, apology for the same. Thank you:)
Biocon - BuyBiocon Buy above 633 with the SL of 614 for the H&S (in 1 Hr Chart) Target of 660 -670
And you can hold for further upside with Trailing Stoploss as it is a Triangle breakout in Day chart.
Its my view for my trading purpose. Please refer and take your own Trade with proper SL/Risk.
Thanks & Regards,
Ram
Enter Long in BIOCON if crosses above 636Enter Long in BIOCON if crosses above 630 (Aggressive Trader)
else
Enter Long in BIOCON if moves above 636
Target 1 - 648
Target 2 - 660
Target 3 - 680+
Last Swing (Higher low) 610 acts as a Stop- loss
*RECOMMENDED FOR POSITIONAL TRADE
BIOCON is Bearish As Of Now. . . BIOCON is in the bearish leg. . . possibly sharp fall will happen tomorrow . . . NSE:BIOCON
BIOCON DAILY I Expect it'll go down in further trading session ... Momentum of this stock show downward direction and pattern forming daily candle..
Wait and watch what will happen ?? .. Tell me about my analysis in comment session .. Hope !!
symmetric triangle formation in biocon wait and watchsymmetric triangle formation in biocon
wait for a break today
possible targets on break
downside will be around 560
upside will be around 660
Biocon: pennant formation. breakout expected soon.Biocon: pennant formation. breakout expected soon. Good move expected. As per the smaller triangle with base C-D, move can be 10%. As per larger triangle, base A-B, price can move 20%.
auropharma important levels better to stay long on dip in the counter , looks set for a 50% or more upside ! in couple of months !
BIOCON | Hanging ManBiocon formed reversal pinbar at resistance. One can short it with SL above 686. However, if it crosses it with good volume, trade can be reversed for new high.
STOCKPRO RECOMMENDATION BIOCON MADE A HIGH 683.7STOCKPRO RECOMMENDATION BIOCON
BIOCON MADE A HIGH 683.7, WE RECOMMENDED AT 666
