BIOCON trade ideas
BioconBIOCON
Daily Chart Outlook
Date:-26-01-2022
Day Chart,
Chart Making Channel Pattern,
Inverse Head & Shoulders Pattern.
4 HR Chart,
Price Respect Upper Strong Tradeline,
Seeing Strong Support level Wait after Breakout
The Chart is telling in upcoming days BIOCON will Good Opportunity To Buy on Reset level
This Post Is Only For Education Purpose
Before Investment Money, Kindly Talk With Financial Advisor First.
BIOCON BIOCON is ready for a falling wedge breakout. Go long for 450 to New ATH, SL closing below 340.
Stocks Algo for nifty 100 , tomorrow stocks selection (25-01-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have selected four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
BIOCONCurrently trading at 372. Forming a head and shoulders and also a W pattern on daily time frame. Can buy or go long for a target of 441 - 475 for swing trading.
Stop loss near 350.
Trade at your own risk.
Buy BioconAccording to chart anylasis its give a solid breakout with "W"pattern we clearly see in image so now keep what in radar if it sustain above @383 then immediate target should be @400++ buy swing.
BIOCON Intraday support and resistances 24/01/2022Biocon intraday support and resistances for Intraday 24/01/2022
Bullish Engulfing - IntradayPrevious Close: ₹377.10
Buy at: ₹375
1st Target Price: ₹130
Stop-Loss: ₹382
Duration: 1 day
BioconOnce all time high break good base formation.
Relative strong in current market. Once break on 390 previous supertrend high then huge move 💥
BIOCON Daily TFPrice action analysis
Biocon trading in a consolidation range from last 2 months
currently price at breakout level from channel pattern
LTP - 377, Entry level above 385
#elplantrader #tradewithelplan #tradewithaplan
Biocon can be a two bagger from hereBuy biocon for the target of 750+
Good consolidation between 330 to 370 for long time
Expecting stock to outperform from here on
It remains a good portfolio pick
Biocon a potential long setupBiocon has posted a good result and a reversal pattern is visible in the chart, with good volumes and range expansion happening in bars in recent times.
Biocon_Pharma rally ahead ?wright time to enter pharma stock.
catching a fish before it grows.
beautiful Flag pattern forming.
can make entry with SL=swing low i.e. 338, CMP=367/
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
BIOCON UNDER BEARISH . TARGET 320BIOCON is under bearish mode. After long consolidation, it is under fall. Target 320
Bounce at support or not🤔🤔🤔Biocon in weekly retest area...bt current trend is downtrend ... Buy only above 390 and also make HH HL formation then go long
Biocon || Possible UpsideBiocon is in consolidation for a long at a crucial resistance. It may create a good risk-reward upside opportunity. Keep an eye out!
Long Biocon...High Probability SetupBiocon
Cmp - 358
Stop - 335
Expectation -
T1 - 420
T2 - 470, Review at 470
Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2
View:- Swing/Investment
BIOCON(pharma sector) AT CRUCIAL LEVELS? BUY?YES !!you should invest in pharma sectors as we are well aware of the present scenarios.
Biocon NSE:BIOCON - is my pick here you can invest!!!Fundamentally good plus technically at crucial levels.
1.following a trend line if takes supports at daily time frame
2.if daily candle takes support there with an increase in rsi>50 plus with an increase in volumes, enter here and target at T1.
Happytrading!!
Biocon (04-01-2022) Big correction complete biocon share in phram sector according to elliot wave .india stock market current scaniro biocon retest low chance.but this stock stoploss 351 carry postion
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use short hands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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swing trade in Biocon with guaranteed profitHello everyone,
As i have suggested to buy biocon @ 315 for target of 420. And it also crossed 360 target.
On weekly timeframe, we can see Bicon is forming a clean inverted head and shoulder. Go for a target of 420.
BIOCONBIOCON
Stock is facing lot of resistance in the zone of 375-387
Remain cautious till trading below 375
Its between Support and resistance.. kind of in a no trade zone.
