Rising Volume on OBV indicates accumulation of stock. Entry should be initiated when price breaks out of range.
Buy finpipe above 210 stop loss 189 tgt open with Trailing SL of black line on closing basis
Buy above 77 stop loss 67 on daily closing basis with 5% buffer on low TGT Open Trail SL Middle Band on daily closing basis
for study purpose
BIOCON breakouts of yet another Ascending Triangle formation with support from rising volumes. The stock has been an out-performer and has been steadily holding unto an UP trend for sometime. A fine PINCH with the Bollinger Bands suggest a volatility contraction, and add to this fact that we did have an Inside Day formation couple of sessions back. The stock seems...