BIOCON Formed Descending Triangle Pattern. Wait for proper breakout and retest and based on that, one can look for entries. Please HIT the like button, this motivates us to make more such analysis. For more such trading content follow us on ( @tradechefofficial )
NSE:BIOCON Trend Change in BioCon Ltd with gap between candles in daily chart Price now above 50D & 200D SMA RSI in Bullish Zone Buying Volume Increased Tgt : 418 - 445 SL : 385
Biocon Ltd - 04.02.2022 The stock is trading @391.65 levels The prices are above EMA There is a SUPPORT @377 levels There is a DOJI in Monthly Chart Let the prices go above 398 RSI is 57 in Weekly Chart Watch out for the price action
Biocon has given breakout of Inverted head and shoulder pattern. VWMACD is also indicating starting of upmove. Immediate resistance trend line is placed at about 395, once it close above it , it can give good upmove. Rest is detailed at chart Disclaimer : This is for education purpose only.
Dear Traders, As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill...
NSE:BIOCON Observations: 1) On 1 day time frame, it is near the resistance zone. 380 is immediate breakout level. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it is trading and making accending triangle pattern. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup...
BIOCON Daily Chart Outlook Date:-26-01-2022 Day Chart, Chart Making Channel Pattern, Inverse Head & Shoulders Pattern. 4 HR Chart, Price Respect Upper Strong Tradeline, Seeing Strong Support level Wait after Breakout The Chart is telling in upcoming days BIOCON will Good Opportunity To Buy on Reset level This Post Is Only For Education Purpose Before...
Biocon intraday support and resistances for Intraday 24/01/2022
Price action analysis Biocon trading in a consolidation range from last 2 months currently price at breakout level from channel pattern LTP - 377, Entry level above 385 #elplantrader #tradewithelplan #tradewithaplan
wright time to enter pharma stock. catching a fish before it grows. beautiful Flag pattern forming. can make entry with SL=swing low i.e. 338, CMP=367/ #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Biocon Cmp - 358 Stop - 335 Expectation - T1 - 420 T2 - 470, Review at 470 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
Biocon (Daily) Inverted Head & Shoulders Chart Pattern Currently the price seems to be in the last leg of the 2nd wave May enter the 3rd wave shortly and do the breakout of the neckline of the Inverted Head & Shoulders chart pattern being formed We'd actually be bottom fishing the 3rd wave in this case or the right shoulder of the Inverted Head & Shoulders...
I hope you can now see how BIOCON represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
Swing Trading Buy Biocon Trend Line Break Out more Analysis Follow Me And Like Share Comment
Biocon Monthly bullish Positive Divergence - Above 50 Long Term TGt - Pivot tgt
syngene and its peer biocon both showing signs of one side upmove the stock looks great at cmp for a 15 % up-move to the least it was into a deep consolidation. from a good amount of time the best part about this time is it gave a good spike rejection and that too at lower ends of the box although sl should be respected
NSE:BIOCON #BIOCON trading bullish all the levels marked on chart !!