Please consult your financial advisor before taking a position in this. SELL BIOCON at 299 with Stop-loss of 305 and Target of 286
Biocon price seems to have formed inverted Cup and Handle on a monthly candlestick chart. This is on the slanted price movement. Handle has reached 50% of depth of cup. Any significant upmove may invalidate inverted Cup and Handle. Need some more insights on Inverted Cup and Handle
CURRENTLY AT 50 % LEVEL WHICH IS VERY IMPORTANT IF IT BREAKS IT ON CLOSING BASIS IN 30 MINUTE CANDLE GO SHORT TARGET GIVEN WITH ARROW NOTE:TRADE AT YOUR OWN RISK
BIOCON SHORT ENTRY 262.15, STOP-LOSS 266.15, PRICE TARGET 251.35 NOTE : CONSULT YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.