Ready with a shunted till uptil 295 Below 260 must be an exit Crossing 273.70 is the first step to the target
NSE:BIOCON made an M pattern. But looking at the volume and the momentum, it seems the more selling will happen. But if it bounces, then buy is also possible. So both sides trade: Trade: Buy above 280, SL: 276, T: 284/286 Sell below 272, SL: 276, T: 269/266
Break of strong Resistance (280) Sustaing above 280 will take the stock upto 300++ Levels Buying at pullback near 282-83 Sl below 278 Tgt 300/315
BICON Trendline and Triangular Breakout , Bullish NSE:BIOCON Verdict BICON Trendline and Triangular Breakout Volume High Indicators Bullish T1 288 T2 298 SL 273 Only For Study Purpose
Biocon is trading at 52 week low and looking very weak. All technical indicators indicating bearishness. One can make short positions for the target of 270 and mark stop loss around 315 on clsb. View for educational purpose
Biocon was trading in channel which broke today can sell for 2-3% targets
Perfect catch on hand. Ur smart to catch the Good RR, Isn't ?
After breaking down the symmetrical triangle pattern and level of 300 we can expect a good fall in biocon… here are some important levels…
Price first broke down its important level but is now trying to move up again if it will give closing above 306 then we can expect a good up move but if it will break down trend line Then there could be a downfall again (not big)
parallel channel in biocon is smooth from bottom....will it be able to act properly from top as well. can we expect it to touch lower end of the channel now
bearish parallel channel working smoothly now. expect 270 230
NSE: BIOCON Hello guys today after seeing the chart i got these things 1. If goes down then target could be taken at 309 as a target 2. Can be down as the Rsi Is also high and in the overbought zone 3. A Trend line is also showing to make a rising wedge and shows up also a sell signal 4. Time Frame :- 15 mins Conclusion :- A resistance which is at the current...
Symmetric triangle catch on hand. Either side BO will take it to the next level. The view is bearish but still, we will wait for BO.
BIOCON short-term swing -a good opportunity BUY 330-332 Stoploss - 324 Target - 345, 350, 360
NSE:BIOCON #NSE:BIOCON formed beautiful rounding bottom. Good above 322 Happy LEarning !!
A parallel channel formation is seen in BIOCON on 1 hour chart. Note : For educational purpose only.
BIOCON - Support level explanations 1. It takes 10 months of distribution to break downwards. 2. If the stock does not close above 325 this month, then there will be more falls. 3. Next support will be at 275, 250, and 220 respectively (250 is the corona crash low). 4. If the stock close above 325 in the monthly candle then it will take the support at the...
Biocon - Bullish If it crosses 345 then the target will be 380... will be good for a short term swing Educational purpose...