BIOCON NSE:​BIOCON

Formed indecision candle and saw big dump today. Sell below 628, Targets: 622, 616 SL 234

Its has given break after a long consolidation.. levels are mentioned in chart

Stock has shown good strength at support and expect to keep that momentum. Happy Trading.

Buy if it get uncompressed. Stop loss and target will be updated if the trade gets active.

Enter Long in BIOCON if crosses above 630 (Aggressive Trader) else Enter Long in BIOCON if moves above 636 Target 1 - 648 Target 2 - 660 Target 3 - 680+ Last Swing (Higher low) 610 acts as a Stop- loss *RECOMMENDED FOR POSITIONAL TRADE

accumulate with 620 sl for 628,660, 680 targets

As per my wave analysi, i believe tomorrow you can short for intraday till 620 levels and then buy it for swing trading for 680 levels. Happy trading..

Since i posted it last where i said that bear trap was in place and breakout could be seen , here is the update. into new territory , all set to go high.. R1 650-660 zones.. see how it spans out..

Biocon Buy above 633 with the SL of 614 for the H&S (in 1 Hr Chart) Target of 660 -670 And you can hold for further upside with Trailing Stoploss as it is a Triangle breakout in Day chart. Its my view for my trading purpose. Please refer and take your own Trade with proper SL/Risk. Thanks & Regards, Ram

FOr Intraday Sell Below 615 for the target of 610, 608 with the Sl of 621

NSE:BIOCON follow me on telegarm channel t.me Buy above 627 for targets 640/50/60/70/80 open till 700+ with sl 614

MACD Cross over happened. Could be looked upon for buying on break of downward sloping trendline

Go Long for Target of 650 Fibo series with Demand Zone SL 618 As channel Zone

Holy. we often see bull traps, here is one heck of a bear trap. almost on the edge. last i said last time, we could see a bear trap , the pattern will negate and immediate resistance around 623-628 if taken will open doors for 650-700... next day or 2 sessions are imp.. lets see if it breaks on upside.

struggling to hold onto neckline... if pattern is not negated, you are most likely to see it in below rectangle in due course. next few days are important.. keep an eye..

heading 580

Contracting Triangle is forming-- to breakout either of the sides. Price is hovering at 200 DMA.

entry above 645 on the breakout of triangle pattern and resistance with sl of 598 for target of 730