BIOCON trade ideas
BIOCON - bullish signalsHour chart emits "BUY" signal in bullish zone. stop loss is the bottom line from where it has broken the double top.
INTRADAY LONG ABOVELONG ABOVE 356 FOR TGTS 360-362-365 ( JUST A VIEW , better seek professional advice)
Go Long On Biocon- only for intraday and swing tradersbuy Biocon@346-347 levels and keep target upto 349-350 levels. enjoy easy profit of 1% of your investment
TRADING AT A VERY CRUCIAL SUPPORT LEVEL- BUY ABOVE 352 LEVEL
- TARGET 357 , 361
- Biocon’s blood purification device gets regulator nod for treating critical Covid patients.
Biocon will have to push up quick.Prices are consolidating, the momentum is not picking up. Any failure to push above the current levels will render the stock into a correction which may push it towards the next support zone at 320 levels.
Conditional Buy Biocon on Bullish Flag Break Only.Biocon is regularly checking to break the Bullish flag, traders are advised to buy only break of the the flag with a risk to reward of 1:3 as advised in the chart.
buy BIOCON b/w 325 and 340. target 400 abovebuy biocon when it comes down to 325 or buy when price is b/w 325-340.
keep a stop loss around 295. holding period is 3 months maximum. target will be 405 rs.
Good sign for go long!!!1. the trend is continuing with an upward direction.
2. last day it broke the resistance level with a big bullish candle.
3. It's good to go long.
Biocon : 60 Mins Technical Biocon is showing strong momentum across all time frames. Levels around 325-330 could be an ideal entry point with SL of 315 for a strong bounce towards 360-370 levels
BIOCON SHORTHOURLY CHART OF BIOCON SHOWS HIGH SPREADS WITH HIGH VOLUME AND IS HEADING TOWARDS THE SUPPORT
A BREAK OF THE SUPPORT ON THE HOURLY CHART WILL LEAD TO GAP FILLING
TARGET - 290
STOPLOSS - 370
