Low risk-high return : min10% returns : Take a lookHuge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "315"
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If you are interested in investment, go for it with proper risk,
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Overall " biocon" fundamentally good stock.
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Enter only if market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.
BIOCON
MACD Crossover - BIOCON📊 Script: BIOCON
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 323
🟢 Target 🎯🏆 - 350
⚠️ Stoploss ☠️🚫 - 311
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Biocon Indicates Flag Pattern Breakout and Positive ResultsDetails:
Asset: Biocon Limited (BIOCON)
Breakout Level: Above 320
Expected Target: 340 and beyond
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Biocon Limited (BIOCON) is displaying a flag pattern breakout potential alongside positive results. A breakout above the 320 level could signify a bullish momentum shift, especially supported by positive earnings results.
Market Analysis:
Technical Breakout: The breakout above 320 indicates a potential flag pattern breakout, suggesting increased buying interest and potential for further upside momentum.
Positive Results: Strong earnings results can act as a catalyst for bullish sentiment and further support the breakout scenario.
Expected Target:
The initial target for BIOCON is set at 340 and beyond, considering the potential momentum from the breakout and positive results.
Risk Management:
Implementing a stop loss strategy below the breakout level is crucial to manage risk in case of unexpected price reversals.
Timeframe:
The projected move for BIOCON is based on a short to medium-term outlook, considering both technical breakout and fundamental catalysts.
Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio.
As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk ma
CNXPHARMA - Trend Reversal📊 Script: CNXPHARMA (NIFTY PHARMA)
Key highlights: 💡⚡
📈 Nifty Pharma is retesting from its support level shown in chart.
📈 Pharma stocks can give good returns.
📈 One can go for Swing Trade into Pharma stocks.
📊 Script: CIPLA
⏱️ C.M.P 📑💰- 1414
🟢 Target 🎯🏆 - 1510
📊 Script: LUPIN
⏱️ C.M.P 📑💰- 1688
ONLY ABOVE 1700
🟢 Target 🎯🏆 - 1828
📊 Script: AUROPHARMA
⏱️ C.M.P 📑💰- 1177
🟢 Target 🎯🏆 - 1267
📊 Script: GLAND
⏱️ C.M.P 📑💰- 1177
🟢 Target 🎯🏆 - 1267
📊 Script: BIOCON
⏱️ C.M.P 📑💰- 1177
🟢 Target 🎯🏆 - 1267
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Biocon-An underperforming pharma stockBiocon is among few stocks which did not participate in Pharma bull run.
However stock has recently given a big volume bounce from its demand zone.
295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA.
1st breakouts are normally traps so use pyramiding to save your capital.
If stock posts good results , we might see good move in stock.
Keep your eyes stuck on this if you like support bounce trades.
Biocon : Bottomed out Stock#Biocon #Momentumstock #Swingtrade #BreakoutCandidate
BIOCON : 200 EMA Breakout Soon
>> Momentum Stock
>> Bottomed-out Stock
>> Good Strength & volumes in stock
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
BIOCON BULLISHBIOCON looking is good
it is in strong trend line support
First target@295
Second target@318
Stop loss@255
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
BIOCON - a quick 20% move can be expectedNSE:BIOCON
cmp 298
a quick 20% move can be expected giving a target of 360
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
BIOCON | 280 - 285 STRONG SELL ZONEBiocon made a strong bearish candle on 8th January and gave closing below candle on 12th Jan. The stocks is sell on rise as per our analysis around 280 - 285 with the SL above 295 on closing basis. Targets are marked on the chart with green lines.
Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview.
Happy Trading!
InvestPro India
BIOCON - SWING TRADE - 12th January #stocksBIOCON (1W TF) - Swing Trade Analysis given on 12th Jan, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Breakout & Retest - Done ✓
- Volume Spike at Resistance - Done ✓
- Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #biocon
Biocon looks good for buying for short termBiocon looks good for buying for short term. Targets will be 300 and 335. Reason for trade, 23 May candle was high selling volume candle, price has closed above this candle high with good volume and price movement. This can give thrust to price movement.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
If you think this idea is use full
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thank you for reading my idea
BIOCON bullish counts in both casesBiocon on long term count has either completed wave 4 & started wave 5 up which can reach 780-1060 levels or its forming triangle in Wave 4 of which wave A is complete & we are rising in Wave B Up so in both cases prices should remain bullish as the moves unfold we can decide if its impulse or counter trend move at least a move towards 374 is possible in wave B view invalidates below 191.55.
I am not a SEBI Registered Analyst please consult your advisor before investing charts shared for education purpose only.






















