Biocon#biocon followup... be cautious, below 410 more pain ahead, above 420 only bullish run may be there....
BIOCON trade ideas
Biocon Stock to take the long entry.Long term trend of the stock in bullish mode. On daily retracement expected to be complete. Long above 418 TGT 452 SL . Good risk to reward ratio 3:8. +ve divergence. Entry will be taken after the confirmation of green candle above the resist level.
Biocon Buy for positional - Cypher PatternGo long for Biocon
Reason Cypher pattern Formed in Biocon and successfully reversed from point D
Target - 1 = 430
Target - 2 = 450
SL = 394
BIOCONIm not an expert im just sharing my views on BIOCON for tomorrow
Im not responsible for any profit or loss this is not a recommendation
BIOCON - stock at crucial resistancestock has approached crucial resistance levels. Wait for a breakout or breakdown
BIOCON - CHANNEL PATTERNNote:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Bearish Butterfly BIOCON, Get ready for the ride down!!!!!!!!!!!Perfect butterfly with 1st target at 360 and second at 300, good luck
BIOCON - W Pattern breakout or breakdown...LETS SEE WHETHER BIOCON CAN BREAK THE W PATTERN AND MOVE UP...
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Biocon#biocon seems to continue downtrend for now, see linked chart. It has broken crucial levels and channel.
[Diary] Biocon Price Action AnalysisWe are at a tight juncture where if the sell side triggers the fall is quite massive. Anyways it is always uncomfortable to short a pharma company in pandemic but price is price.
Expecting maximum fall till 370 next month. If buy side triggers; I will take that too.
Biocon Short (Weekly)I hope you can now see how Biocon represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Biocon - Intraday - Descending triangleBiocon:
Intraday View
Descending Triangle Pattern
Short Below 426 with a SL of 430.5
