BIOCON LTD

BIOCON NSE

Sunandamedi

Getting ready for @ 440.

srikartiram

BIOCON | Flag consolidation breakout occuring - 15% CMP : 417 SL : 400 Target : 445, 470

Kinnari_Prajapati

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....

indrajsharma

biocon is looking good in the coming days.

Nilay201996

BIOCON looks strong as it has given trendline breakout in 3h/1h TF. One can enter at the high of breakout candle. SL low of the breakout candle Risk:reward 1:1

Kinnari_Prajapati

The price is finding the number of 4rth waves to stop and will travel for the 5th wave which exists at 388 nearby(38.2% retracement) or 360-378. Let's assume that the 5th wave still remains then, the target should in the step by the previous important level as 468/488/506.

nikhilgodhani

Above 417 add more above 424 SL-398 Target 437-446-460

VedangsStudy

Biocon CMP 394.6 We can see price is taken support of cloud but also we can see a bearish flag pattern in it ... So below 393 closing (hrly) with 396 as a sl, Expecting price to continue its bearish trend Chart is for study purpose only!!!

KSR010

Due to the earnings declaration the prices were hammered, and hence was opened as gapped down, Reasons For Selecting:- 1.Trendline acting as a support 2.Stock respecting Fibo levels 3.Double bottom pattern 4.Gap Filling. placing a stop-loss @ 375, Followed by the Targets 1 & 2

spooja

Short : 417.80 SL 422.65 TGT 408.05

proanalyst

Strong candle breakdown confirmed with a pullback

Poison_1907

Stoploss below 374

keepitsimple1331

BIOCON gave support BD and closing below it. Weak below 395 Level View Negates above 407

sddmhossain

On 1 hour candle biocon taking major support at level 400-403. If it trade below 400 then sell it for target 394, 391.

aruun

rsi divergence

ydongre3

intraday trading idea for buy

tanya151181

The stock is making an ascending triangle pattern and looks good positionally for first target of 439.8 (gap filling)

sddmhossain

Biocon 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