Biocon Long Minimum 10-12% potentialTrading just above the trend line minimum 10-12% potential...
It will easily touch 420.. if it breaks it their is a potential of minimum 10-12% from current levels
BIOCON trade ideas
BIOCON - Price and Trend SetupI am no expert in using GANN BOX but had this idea therefore testing it out on a stock. Stock has potential to give breakout from the range that has developed after recent high.
Biocon - buy on dipsbuy from 386.6 to 383
easy taregt - 399
tg2 - 405.5
Disclaimer : This is my personal analysis for study purpose not intended for trading
BIOCON_CAN TURN AROUNDBIOCON can turn around and start moving upside.
(for educational purpose only)
BIOCON 25 % POSSIBLE IN 3 MONTHSHead and shoulder pattern in making
25 % upside in less than 3 month possible
(study purpose only)
BIOCON Buy Opportunity with wolfe wave patternBIOCON Buy Opportunity with Wolfe wave pattern
Projected levels mentioned on the Chart.
Double pattern formation on BioconRounding Top and Ascending broadening wedge is indicating the coming downtrend in Biocon on 1 week TF along with decrease in volume.
Range formation after the breakdown from ascending broadening wedge making this analysis more powerful.
Keep an eye.
only for intraday down side trend line break touched 3 times
break out 4th time that way go for selling
BIOCON TARGET 420 CMP 403There is an unfilled gap between 420 to 440 levels, BIOCON is facing stiff resistance at 420. If crosses above 420 immediate target will be 440. Risk reward is good in the stock as 400 is crucial support for the stock which may not be broken
BIOCON Possible Breakout on Daily ChartThe Pharma Index (Nifty Pharma) has been performing well since the past 3 months. Biocon is one of the stocks of Nifty Pharma. As per the analysis, Biocon has tested the same level (417-420) multiple times and any level when tested multiple times, becomes weak and price may breakout the level soon. Any up move from the supply zone will give a good opportunity to go long in Biocon. Thank you.
Confluence Of Two Different Patterns DB and Asc Triangle B.O looking in Biocon... Go long above 410 For the targets of 420,425..
Biocon - Self Study ChartNSE:BIOCON Self study chart.
It's in consolidation phase after falling from ascending trend channel.
