Biocom looking good for upside move and volume also gaining keep on radar
Huge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . . Wait for small retracement & daily candle to close above - "315" . . If you are interested in investment, go for it with proper risk, . . Overall " biocon" fundamentally good stock. . . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and...
Biocon brokeout in weekly CCI Indicator is crossing 50 zone Trade with plan
Biocon is among few stocks which did not participate in Pharma bull run. However stock has recently given a big volume bounce from its demand zone. 295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA. 1st breakouts are normally traps so use pyramiding to save your capital. If stock posts good...
Biocon is Done Trendline Breakout and Break Long Consolidation CMP is 306 Key Resistance 310-315 About This it will Fly Target is 406 (32%) Upside
#Biocon cash -Positional call 24.04.2024 Looks good above 296.10 Stoploss 270 Target 330/360 (Cup and handle breakout pattern) Cmp 289.60
Investment Logic: It is a leader in Biosimilars. In the past Biocon Biologics had acquired the biosimilars business from Viatris. Now, it has successfully concluded the transition of the acquired biosimilars business from Viatris in 120 countries. Thus market share gain in biosimilars will bring healthy operating cash flow. signed a partnership agreement with...
Biocon long term cash trade Long term trend breakout RS turning positive Strong weekly volume breakout RSI crossing 60 Breaking 52w high One can Trade with SL of 244
Biocon analyasis on 28 apr 24 fundamentally strong stock buy 25 to 30% quantity now buying range 270-280 keep stoploss 220 (on closing basis) target 300 - 330 - 380 - 420 - 450
resistance at 305 to 310 levels a good closing above 308 can take it to 340 and 370 levels and more
clerly uptrens st buy NSE:BIOCON st te buy aya hai vaise buy nahi karna kyuni ki moving avg not tenidng
After taking support from the previous swing lows .it broke the falling trendline and now the retest is telling me this stock is changing direction slowly. Investors can definitely look at this stock now.
Date 28th Feb 2024 MACD showing HL while Price A. Showing HH, This Indicates Sellers are Exhaust. but still can't make new Higher Low in Price Action, means buyers are in Command now.
Date : 09-03-2024 NSE:BIOCON --------------------------------------------------- Buy Biocon above 304 Target of 316-335-355-374-394-425456 SL 218 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only.
Biocon is done correction for the 4 hr and can breakout in April or/and may and my target is 500 and can be trail upto 550 .
As you can see that its consolidate from last few weeks and try to break 300 mark after break it will touch 310-320-330 soon..... research on it and invest
If the stock is forming an M pattern on a monthly time frame then there are good chances to complete the M pattern, this is a risky trade to watch.
BIOCON- VCP in Making X weeks X Range above 144 1) Strong VCP 2) Good Trendlines 3) ready breakout