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Biocontrading

Biocon Indicates Flag Pattern Breakout and Positive ResultsDetails: Asset: Biocon Limited (BIOCON) Breakout Level: Above 320 Expected Target: 340 and beyond Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Biocon Limited (BIOCON) is displaying a flag pattern breakout potential alongside positive results. A breakout above the 320 level could signify a bullish momentum shift, especially supported by positive earnings results. Market Analysis: Technical Breakout: The breakout above 320 indicates a potential flag pattern breakout, suggesting increased buying interest and potential for further upside momentum. Positive Results: Strong earnings results can act as a catalyst for bullish sentiment and further support the breakout scenario. Expected Target: The initial target for BIOCON is set at 340 and beyond, considering the potential momentum from the breakout and positive results. Risk Management: Implementing a stop loss strategy below the breakout level is crucial to manage risk in case of unexpected price reversals. Timeframe: The projected move for BIOCON is based on a short to medium-term outlook, considering both technical breakout and fundamental catalysts. Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio. As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk ma
NSE:BIOCONLong
by CyborgTradingHub
Biocon : Bottomed out Stock#Biocon #Momentumstock #Swingtrade #BreakoutCandidate BIOCON : 200 EMA Breakout Soon >> Momentum Stock >> Bottomed-out Stock >> Good Strength & volumes in stock >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:BIOCONLong
by moneyfesttrading
4
Simple Trade Setup | BIOCON | 07-04-2022 [INTRADAY]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 first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BIOCON
by Trading_hawk
#Biocon Candle base Trade 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 their trade set up. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:BIOCON
by linesandlevels
Simple Trade Setup | BIOCON | 02-02-2022 [INTRADAY]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 for 02-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BIOCON
by Trading_hawk
17
BIOCON LONGI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:BIOCONLong
by EntryandExit
3