BIOCON trade ideas
BIOCON short ideaBIOCON gave support BD and closing below it.
Weak below 395 Level
View Negates above 407
Biocon!!On 1 hour candle biocon taking major support at level 400-403. If it trade below 400 then sell it for target 394, 391.
Ascending Triangle PatternThe stock is making an ascending triangle pattern and looks good positionally for first target of 439.8 (gap filling)
Biocon Stock very strong uptrend Biocon is very good trade opportunity with good risk to reward trade. Buy @ 420 for the target price of 455 with the SL of 405. Stock is trading above the resistance zone. This is for your educational purpose only.
BIOCONBiocon has given a double top and standing on a major level at 422. If it breaks it and sustain above 425 then it will fire upside. Upside 435-440 level can be seen! If don't break the level and trades below 420 then it will go down up to 405-400. Trade with confirmation only
Short Term Buy BIOCONBiocon is at strong support level.
Doji candle formation followed by Green candle, expecting reversal with strong bullish bias.
DO NOT MISS OUT
Enter above support level keeping stop loss just below support.
SL 165
T: 420/475/500++
long biocon @422 (on closing basic) with SL 405 Biocon
about to break cup n handle daily
with good volume
Target as per green lines
entry 420
SL405
Target 440#485 # 570 #600
Buy Biocon !! Nice fundamentaly Sale is going on.its time to accumulated some of biocon here mention in chart.
Nice support is Built.
BIOCONBIOCON is now in down trend and bearish below 400 and bullish above 412.
learning and educational purpose
BioconLong on biocon, once it start trading above 411.
This trading idea is for educational purpose only. Consult your financial advisor before investing
Biocon, EW with Relation of maths for long.I've already entered in long at 368 with an alert on 29 Jan 2021. I hope that you will get entry-level as mentioned on the chart at wave 2 retracement of wave 1 but I don't suggest holding position if the price falls 375 below.
This setup has higher risk and rewards 1:6 or 1:8 because of wave (3).
Check out the long-term chart.
STOCKS TO SELL FOR 09/2/2021already breakdown has happened in biocon.Still expect further down today .
