Double Bottom pattern in BIOCON.Discription:
Stock Name: BIOCON.
Chart Pattern: Double Bottom pattern
Time Frame: 1D
Entry: Reversal @305-310
Breakout above 340+
Targets: Reversal Target 340
Breakout Target 375+
BIOCON trade ideas
Biocon ltd analysisSymmetric triangle catch on hand.
Either side BO will take it to the next level.
The view is bearish but still, we will wait for BO.
BIOCON SHORT-TERM SWINGBIOCON short-term swing -a good opportunity
BUY 330-332
Stoploss - 324
Target - 345, 350, 360
BIOCON Rounding Bottom !!NSE:BIOCON
#NSE:BIOCON formed beautiful rounding bottom.
Good above 322
Happy LEarning !!
BIOCONA parallel channel formation is seen in BIOCON on 1 hour chart. Note : For educational purpose only.
Biocon...Biocon... on a weekly time frame looks at a strong support and the candle also indicates a hammer kind of formation.
BIOCON - Support level explanations BIOCON - Support level explanations
1. It takes 10 months of distribution to break downwards.
2. If the stock does not close above 325 this month, then there will be more falls.
3. Next support will be at 275, 250, and 220 respectively (250 is the corona crash low).
4. If the stock close above 325 in the monthly candle then it will take the support at the primary trend and become bullish.
5. Based on the current market conditions it will likely close below our expected level.
6. Start Accumulate at 275 level.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
#Biocon cash : Looks good above 342.10#Biocon cash -Positional call
09.June.2022
Looks good above 342.10
Stoploss 332
Target 358-360/375
Cmp 337.15
Biocon - BullishBiocon - Bullish
If it crosses 345 then the target will be 380... will be good for a short term swing
Educational purpose...
BIOCON ZooomNSE:BIOCON
#BIOCON given on friday and it zoomed near to 2nd target.
Wish everyone bagged decent profits.
Other stocks posted and resulted, check.
Happy LEarning !!
Biocon Long IdeaBiocon is at trend line support. it may bounce from here up to 425 and next 574 upcoming months.
BioCon - Short/Long Term Buy - 25 April 2022Hi
This is a weekly chart, and it seems Biocon has completed its correction on a bigger time frame.
It seems a good buy above 385, with SL of 332 as of now, and target of all time high of 487.
So the risk reward is around 1 : 2.
Weekly TF MACD is showing bullishness and on the verge of giving a good buy.
Monthly TF MACD is above zero line and might give a crossover soon.
Its trading in a Channel since very long time and currently holding the support of the lower end of the channel and have high chances of hitting the upper channel in coming weeks.Since its a rising channel, the targets could be more that the All time highs.
Disc : Educational Purpose Only.
Neo
Biocon - at important levelBiocon is at important levels. Keeping a close watch. Analysis has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
Bullish view on bioconThere is higher high and higher low formation on monthly chart of biocon limited
After a one sided move BIOCON is losing its momentum.INTRADAY SHORT OPPORTUNITY. - BIOCON
- After a parabolic move a doji and a red Candle at major resistance. With a Divergence in shorter time frame.
Good Shorting opportunity.
Please share your views in Comments.
THANKYOU.
BIOCON, strong bounce back. Looks great for higher targets!1. Stock has made a Bearish Flag pattern on Daily Time Frame.
2. Stock was continuously taking support on rising trendline however, yesterday's selling made the stock break down the line.
3. Today, stock has regained the Tl support with good volume with RSI support, classifying the break down as failed break down.
4. 362 would the area of Resistance (TL Resistance + 100MA) thus our 1st Target.
5. Enter above 353 for Target 362/373 with SL below 344 DCB should be an ideal Trade.
6. Consult your financial adviser for investing. If worth it, Do Like, Share and Comment. :-)
BioconBiocon cmp 350.7
Looking at the chart,
Biocon is in its ABC mood...
Also Evening star pattern in it...
With 355 as sl,
Expecting price to move towards 335 to complete its ABC correction
Chart is for study purpose only!!!
Biocon - VCPA Valid VCP Structure
Currently in Accumulation Phase
Break above 358 will start the Trend
Break below 350 will negate the View
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.
