Biocontrend
Biocon 15 Min chartHello Everyone,
BIOCON Chart is on 15 min chart in channel,
looking for good intrady trade
watch levels now on support zone, if sustain on support level 230 then we will see next coming week again go up most resisistance zone,
but if break support level with huge red(Black) candle then will go down next support zone 224
*NOTE- we are not provided tips and calls, those levels are technically and educational purpose.
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.
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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.
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.
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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.
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.
Nearing all time high, 50 points move in 4 days.Price is super bullish and nearing All time high. After taking previous support price is moving super strong, within 4 days it moves almost 50 points.
Not the perfect time to go long, let the price gets settled then we will think about long option.
As if now one can scalp this script.