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Biocon is on a verge of breaking out of ascending triangle at key gap resistance level. Above 425 stock will explode to kiss 442 - 464 - 473 and then will cross all time high.
Buy above 425 Or around 410 Sl 390 Target mention on Chart
#biocon #dailytf above 425 target is 480 520 View negated below 405
Biocon - 1st Trade Target Achieved ... Second Trade Open
BIOCON is at resistance in 1H timeframe. If it gives a breakout will take a posiitonal trade for a target of 440.
If Biocon closes above red line then the Target 🎯 will be green line Simple but it works ☺️ Let's see what happen Market doesn't like gaps ,it will fill one day. Keep this stock in surveillance
Date: 30 March 2021 Biocon (CMP: 409) can go upto 440 in short term. Target and SL given in the chart
Please find analysis mentioned on chart
Above 406 can give a target of 419. Pl check out my other charts. Thank you.
BIOCON SWING LONG, ENTRY -408 , STOP - LOSS -390, TARGET -424,
Price 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.
If it breaks out above 403.40 which is today's high then go long... 450/460 in 1 month or 3 weeks.
Biocon is about to break out soon so keep in track for enttey will update soon
BIOCON 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)
this may the last move of impulsive wave then after it may correct itself --------------------------------------------------------------------------------------------------- BUY NOW FORTHE MOVE OF 100 -150 POINTS -------------------------------------------------------------------- ---------------- THANKS ----------------
Biocon has broken out of a TL in D TF. Taking good support over 385-88 zone..