BIOCON
Biocon - Triangle pattern near ResistancePrice struck at a small range for a couple of days and it has high probability to break the resistance and move up in the coming sessions.
One can clearly see the triangle pattern marked exactly at the resistance. Wait for the price to break the resistance and go long.
Breakout - BIOCON above 403.40If it breaks out above 403.40 which is today's high then go long...
450/460 in 1 month or 3 weeks.
BIOCON "Swing Trade"Due to the earnings declaration the prices were hammered, and hence was opened as gapped down,
Reasons For Selecting:-
1.Trendline acting as a support
2.Stock respecting Fibo levels
3.Double bottom pattern
4.Gap Filling.
placing a stop-loss @ 375,
Followed by the Targets 1 & 2
Biocon about to break out & Bollinger band squeeze Biocon is about to break out soon so keep in track for enttey will update soon
BIOCON for BULLSBIOCON may show upside momentum in a very short period.
Lets see how it performs.
(for educational purpose only, do not invest without your own research)
bioconthis may the last move of impulsive wave then after it may correct itself
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BUY NOW FORTHE MOVE OF 100 -150 POINTS
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THANKS
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Biocon 414-416Price has taken support over 390 with high volume and it is ranging in expanding channel. Take entry at 396 with 390 stop loss, target will be 414 -416. Duration is 6-7 Days
Biocon - Plain N SimpleStock in Trend Channel
Risk to Reward looks great
Currently on Lower Channel
Also in single range Inside Bars
BIOCON short ideaBIOCON gave support BD and closing below it.
Weak below 395 Level
View Negates above 407
Buy Biocon !! Nice fundamentaly Sale is going on.its time to accumulated some of biocon here mention in chart.
Nice support is Built.
Biocon, EW with Relation of maths for long.I've already entered in long at 368 with an alert on 29 Jan 2021. I hope that you will get entry-level as mentioned on the chart at wave 2 retracement of wave 1 but I don't suggest holding position if the price falls 375 below.
This setup has higher risk and rewards 1:6 or 1:8 because of wave (3).
Check out the long-term chart.
STOCKS TO SELL FOR 09/2/2021already breakdown has happened in biocon.Still expect further down today .
Biocon Reversal V Shape Biocon
Bouncing From Support Area 360-370 Pure Delivery Above Cross and Sustain 395 Then Sl 370 Trg 420/440
BIOCON Short....(Trendline BO)Below 435
SL 475
Target 405-395
Currently volume is not that great
Option play
420 PE Above 9 SL 3
Target 15-20
Or
400 PE above 4 SL 1
target 7-10
