NSE:BIOCON #BIOCON trading bullish all the levels marked on chart !!
NSE:BIOCON #BIOCON formed Rounding Bottom Post sustainability confirmation one may try 370 CE
HELLO ALL, I am Shubham Chourasia. Heres my idea for biocon 9 NOVEMBER 2021. Basically its a intraday setup HOPE IT WORKS FOR YOU. thankyou and happy trading
Trade is still active and targets are 330 and 290 Closing below 330 will definitely go to 290
Buy Biocon in the range 339 to 367.Average Down at 221. SL 190. Target } 490+. Risk:Reward around 1.09
Stock is hovering around previous breakout zone, currently taking support on weekly time frame buy will be above 420 SL 400
The Pharma Index (Nifty Pharma) has been performing well since the past 3 months. Biocon is one of the stocks of Nifty Pharma. As per the analysis, Biocon has tested the same level (417-420) multiple times and any level when tested multiple times, becomes weak and price may breakout the level soon. Any up move from the supply zone will give a good opportunity to...
sl, entry and target as per chat. ENTER only when PDL breaks
Price just took the other way around. This shows the importance of stop loss in every single trade. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated! You can comment any of the script, I will analyze technically and post it for you. No Buy or Sell calls strictly :)
biocoin possible short breakout happen target mentioned
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 . Thank You Disclaimer: It should not be assumed...
I will Short BIOCON on because: The price is forming a Chanel or Rectangle Pattern . The price is also under Support/Resistance zone. It has touched the resistance (upper end of rectangle ) and may reach the support zone (lower end of rectangle ) . Target would be the Support area . Book profit when it reaches the support zone . Entry - 457 Target - 410 Stop loss - 467