BIOCON ZooomNSE:BIOCON
#BIOCON given on friday and it zoomed near to 2nd target.
Wish everyone bagged decent profits.
Other stocks posted and resulted, check.
Happy LEarning !!
BIOCON
Biocon Long IdeaBiocon is at trend line support. it may bounce from here up to 425 and next 574 upcoming months.
BioCon - Short/Long Term Buy - 25 April 2022Hi
This is a weekly chart, and it seems Biocon has completed its correction on a bigger time frame.
It seems a good buy above 385, with SL of 332 as of now, and target of all time high of 487.
So the risk reward is around 1 : 2.
Weekly TF MACD is showing bullishness and on the verge of giving a good buy.
Monthly TF MACD is above zero line and might give a crossover soon.
Its trading in a Channel since very long time and currently holding the support of the lower end of the channel and have high chances of hitting the upper channel in coming weeks.Since its a rising channel, the targets could be more that the All time highs.
Disc : Educational Purpose Only.
Neo
BIOCON FUTUREBIOCON future, looks good for a small sell and big time buy for a long term. check the market and trade accordingly.
Biocon - at important levelBiocon is at important levels. Keeping a close watch. Analysis has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
After a one sided move BIOCON is losing its momentum.INTRADAY SHORT OPPORTUNITY. - BIOCON
- After a parabolic move a doji and a red Candle at major resistance. With a Divergence in shorter time frame.
Good Shorting opportunity.
Please share your views in Comments.
THANKYOU.
BIOCON, strong bounce back. Looks great for higher targets!1. Stock has made a Bearish Flag pattern on Daily Time Frame.
2. Stock was continuously taking support on rising trendline however, yesterday's selling made the stock break down the line.
3. Today, stock has regained the Tl support with good volume with RSI support, classifying the break down as failed break down.
4. 362 would the area of Resistance (TL Resistance + 100MA) thus our 1st Target.
5. Enter above 353 for Target 362/373 with SL below 344 DCB should be an ideal Trade.
6. Consult your financial adviser for investing. If worth it, Do Like, Share and Comment. :-)
BioconBiocon cmp 350.7
Looking at the chart,
Biocon is in its ABC mood...
Also Evening star pattern in it...
With 355 as sl,
Expecting price to move towards 335 to complete its ABC correction
Chart is for study purpose only!!!
Biocon - VCPA Valid VCP Structure
Currently in Accumulation Phase
Break above 358 will start the Trend
Break below 350 will negate the View
Simple Trade Setup | BIOCON | 07-04-2022 [INTRADAY]NSE:BIOCON
Observations:
1) On 1day time frame, we can see it is near critical breakout zone. 350-352 zone.
Above this it will give breakout of it.
Please refer below chart : 1day time frame.
-------------------------------------
Trade Setup for 07-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BIOCON "BUYING AND SELLING"
This stock the previse week to selling presser create it. and W sap recover are create in same time to go buying entry is 340-345
target is 5%-8% 370 price or above it same time are moved
This stock are to create selling presser so may be down side are moved time is to go sell entry price is 320. target is 5%-8% are move in below same time
#StockMarket #StockIdea #Stocktrading #SupportbreakoutBiocon
Stock at weekly Support level
Supported at 320 levels earlier also
So this is trading bet on either side wherever breakout occurs
Buy if 340 levels broke or Sell if 320 levels broke.
Keep 2-5% target on each side.
Note:
In case of gap up or gap down avoid setup
Above levels are for education purposes only
Do your own analysis before taking any trade
#Biocon Candle base Trade NSE:BIOCON
As we can see Biocon stock has made spinning top kind of candle on support of recent swing.
one can buy above current candle high in that case stop loss can be same candle low on closing basis.
if break low of same candle then it might fall till below mentioned support level.
in both case traders also can plan their trade on according direction as per their trade set up.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Buy biocon quick tradebuy 344.50
Target sell 1 - 1.5 %
sl 0.5 % from entry
strategy Rsi deep over sold rsi around 10 in 15 min chart
taken 150 QTY target 1.5 % if seems or else ill take 1 % and exit
Go LongDuring the market swings this stocks has been relatively very stable. Time to go Long.
R:R - ATR - 1:3
#PlanYourRisk
BIOCON Trade Setup For TomorrowBIOCON 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 )
BIOCON | Trend Change | Momentum Trade | 10% 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 - 04.02.2022Biocon 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
Breakout in BioconBiocon 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.
BIOCON - Trade after Breakout.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 will take trade during Retest.
So, This stock is good for 1 to 2 moth holding.
CAUTION : Please check Bank nifty and Nifty Charts before Taking any trades. As if they will act bearish our stock may too.
Happy Trading Guys. And like if you like the Content.
Simple Trade Setup | BIOCON | 02-02-2022 [INTRADAY]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 for 02-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
