BIOCON trade ideas
BIOCON- Beautiful stock. 150 points rally soonBuy BIOCON at 335 to 350 range. Short term target: 450, Long Term Target: 550,
No SL . Buy on Dips (Every 20 points fall)
BIOCON short signal , Rectangle patternI will Short BIOCON on because:
The price is forming a Chanel or Rectangle Pattern .
The price is also under Support/Resistance zone.
It has touched the resistance (upper end of rectangle ) and may reach the support zone (lower end of rectangle ) .
Target would be the Support area . Book profit when it reaches the support zone .
Entry - 457
Target - 410
Stop loss - 467
Wave Count in My way Hello Friends i have made an small efforts in explaining the wave count and method i use , its not necessary for you also do the same way ,
what is important is practicing and following the methods your believe or learnt , regardless of what method you have learnt , Just practice it by posting
public posts , You will start improving your ability of identifying the patterns , You will improve your ability of decision making
you will improve the level of confidence , you will improve Gradually your trading profession in to profitable
Good luck
biocon facing resistance at all time high , if cross can blastbiocon facing resistance at all time high , if cross can blast
[Positional] Biocon Call SpreadSell Biocon 500CE at 6.85 and buy Biocon 520CE at 3.85
I will short Futures if the PDL breaks. Will skip if trend kept continuation.
Short on weekly chartSell between 450-455, could hit next week.
SL = 466
Target1 = 400
Target2 = 310
[Buddha] BIOCON Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
BIOCON is Making Symmetrical Triangle Pattern (Breakout Trade)Biocon Limited : Biopharmaceutical Company ( NSE:BIOCON ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Biocon : Bullish if Breakout is sustainedBiocon : Bullish if Breakout is sustained.
Relative strength is good.
BIOCON is Making Descending Triangle Pattern (Breakout Trade)Biocon Limited : Biopharmaceutical Company ( NSE:BIOCON ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Biocon-evening star candlestick pattern18 sept Biocon stock formed evening star candlestick pattern. If anyone did short selling ,they got huge profit.
So more focus on price action instead of indicators or advise from anyone.
BIOCON - Major Upside BreakoutBIOCON - enter with stoploss of 528 and price target of 10%, 30% and 50% upside for Short, medium and Longterm
