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Biocontrend

Putting Price Action Altogether | BIOCON LIMITED ⚡️ Investing opportunity: Price Action Analysis Alert !!!⚡️ ⚠️Education Purpose only!!!! 1️⃣Biocon Limited Overview 📍Founded: 1978 by Kiran Mazumdar-Shaw 📍Headquarters: Bengaluru, Karnataka, India 📍Markets: Over 120 countries, including the United States and Europe 2️⃣Key Business Divisions 👉Generics: Produces generic APIs for global markets. 👉Biosimilars: Focuses on biosimilar insulins and monoclonal antibodies. 👉Research Services: Contract research and development via subsidiary Syngene International. 👉Novel Biologics: Develops innovative therapies for diseases like cancer, diabetes, and autoimmune disorders. 3️⃣Financial Performance ✅Net Loss: ₹160 million ✅Revenue: ₹35.9 billion, up 3.7% YoY. ✅Biosimilars Revenue: Increased by 11% (U.S., Europe). ✅Generics Revenue: Declined by 7.7% 4️⃣Technical Reasons to trade or Strategy applied :- ⭕️50 Day Moving averages shows strong Bullishness in Long-Term ⭕️Head&Shoulder Pattern Breakout ⭕️Breakout with strong Volume ⭕️Channel Pattern Formation ⭕️Upward Trendline for Resistance ⭕️Higher-Lows Formation before Breakout ⭕️Trendline Breakout too 5️⃣Key Takeaways ⚠️Strengths: Strong global presence and diverse biopharmaceutical portfolio. ⚠️Challenges: Recent profitability concerns due to pricing pressures and tax adjustments. ⚠️Growth Potential: Biosimilars and novel biologics present significant long-term opportunities. ⚠️Investor Consideration: Combine fundamental and technical analyses to assess investment decisions. ✅Check out my Trading View profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view
NSE:BIOCON
by ReviveTraders
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
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 Short (Weekly)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 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 products 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:BIOCONShort
by EntryandExit