BIOCON trade ideas
BIOCON - SYMMETRICAL TRIANGLE FORMATIONKeep it in your watchlist . Nice opportunity to trade . Breakout likely to happen .
BioconBiocon is trading in ascending triangle pattern, enter short once the lower trendline is broken and target around 300.
BioconBiocon is trading in an ascending triangle pattern. Enter Short on the break of lower trend line.
BIOCONIt had reversed from Bearish Harmonic Deep Crab at 400. Today it has activated a C Clamp. Both in daily time frame. It could retrace till 360 provided it does not go above 400
BIOCON - Inverse Head & Shoulders - 1H TFInverse Head & Shuoulders pattern on Hourly Chart of BIOCON. BUY 364-368, above 370, SL 340, Target(s) - 403. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
BIOCON - Head & Shoulders - 1H TFHead & Shoulders pattern forming on Hourly Chart of BIOCON. SELL below 378, SL 394.1, Target - 360. Neckline break MUST be supported by volume, so keep an eye on the volume chart when it breaks the neckline of 378. Risk Reward does not look quite good here. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Short BioconBearish RSI Divergence. Short Biocon @380. Target1 - 370, Target2 -365. Stop Loss 385
Time - 5 days
BIOCON Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
BIOCON AnalysisDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Biocon Stock very strong uptrend & bullish zone. In all Time frames Biocon stock is trading above the 50 EMA & in uptrend direction will going to create history . This stock will ready to record all time high. Above 395 stock can be taken for long entry for the target level of 405 to 415 . Now as a chart analyst we don't have the upper resistance level for the stock. So keep trailing your stop loss while trading.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Lets check our Recommendation how works ....?The Biocon is showing good strength and we have already recommended this stock. Which may also to be find in the link related ideas below this chart or can also be found in our recommended ideas. Subscribe/like & share and mail/message or comment through this portal to me for any kind of assistance. NSE:BIOCON
[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 @ Breakout level. Positional call BuyBiocon @ Breakout level. see its trading at a descending channel. once its break outs it will reach its life time high however there will be a psychological level at 400 which it has to cross before it climbs higher
Biocon Long and Trade Managment More often than not we get sucked into the so called breakout and end up not making the meat of it. Tracking this thing here for trade managment
Long @ 360, sold half @ 383
Biocon : Formation of M patternBiocon is structuring an M patter with a mix of red and green candles.
Expecting 360-367 in the coming days before the downtrend. NSE:BIOCON
