BIOCON NSE:​BIOCON

Has been falling the past 7 days, with the a green candle today Long only if it breaks the high of the previous day with a stop loss at the previous day's low or previous day close Since its an inside bar as well, if short triggers, update stop loss to cost. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid...

Buy on break of high

If it goes down, it may find support at 590. If it closes above 613, ntermediate term target will be 690

its for educational purpose..

2 to 4 days only

Refer chart

BIOCON is in Bearish mode, it will test 625...

Risk takers sell at current level/rise with Sl 658 and target 634 Safe traders only below 643 w/ sl 655 and target 634

buy abv pdh

buy above pdh

Isnt that a great symmetry.. looks likes a mirror image although people might look at shape , but similarity is more imp here. Also note the movements of the two mov avg. though its said that diamond like formation is often the top, lets see if it actually tops out. again whats an universal obvious will not happen but lets not overhead any obvious situation.

Biocon Can be shorted @ 695 & 715 levels For Target of 672-659-647-636+ SL 720 ( Daily time frame candle closing basis) CMP 670

Short below 659.6 with SL 679.2 T1 655.3 T2 650.6 T3 646 T4 644.1 T5 640.35

Short below 648.3 with SL 662.2 T1 645.65 T2 643.75 T3 641.1 T4 638.9 T5 633.35

Support 630, target 720. No resistance in between

Symmetrical Triangle Breakout. GO LONG.

Biocon might have completed wave y. Biocon is facing multiple Fibonacci resistance (Fibonacci cluster). Short below 641 for target 634/24 with sl 648. Ignore Fibonacci levels on the chart. I have published it in quite unprofessional manner, apology for the same. Thank you:)

Levels mentioned in the chart!