$BIOCON is going down and will reach 210, if the current trend persists. Trend analysis showing the downtrend movement.
Biocon monthly wave 1,2,3 complete and wave 4 process and again go upside wave 5 Wave 1 complet 23 month or return upside 463.17% Wave 2 down side time 20 days or 138% return Wave 3 upside time 102 month or 1814% retun Wave 4 down side 27 month or 270 point down
Biocon trading near it's hourly support zone @ 223 - 218 and expected to show a bounce towards marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Perfect catch on hand. Ur smart to catch the Good RR, Isn't ?
Symmetric triangle catch on hand. Either side BO will take it to the next level. The view is bearish but still, we will wait for BO.
BIOCON future, looks good for a small sell and big time buy for a long term. check the market and trade accordingly.
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...
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...
Biocon 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
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...
Biocon Cmp - 358 Stop - 335 Expectation - T1 - 420 T2 - 470, Review at 470 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
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 . Disclaimer: It should not be assumed that the...
NSE:BIOCON #BIOCON trading bullish all the levels marked on chart !!
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
BIOCON Bearish Trend Analysis
Biocon Analysis on chart.
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...