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POSSIBLE MARK UP I THINK
Reffer Chart wait for breakout
...Levels mentioned in the chart
270 is not far in coming days.
Price action has broken the trend line. Its bullish as long as it sustains 237 - 241. Targets are 254, 261 and 269.
It is forming a Bullish Harmonic Dragon which suggests levels of 260/285, double confirmation above 238. View would negate below 215. As per Ichimoku analysis also 438 is the hurdle for the up move.
STOCKPRO RECOMMENDATION BIOCON
BIOCON MADE A HIGH 683.7, WE RECOMMENDED AT 666
Biocon after testing the 200DMA is looking at retesting lower supports.
First target 254. Breach of 254 where PUT support is available will ensure 245 and possibly even lower levels.
Lets keep a watch. Happy profits!
Please refer chart
Sell Biocon ... Divergence observed
NSE:BIOCON Nice long opportunity
Can long for very short duration and thereafter high chances of reversal.
Please refer chart for more specific details.
REFER CHART FOR LEVELS
Broken the Accumulation zone
near 200 Daily SMA.
Braking shorter trend lines..
Likely to have a pullback down..
Range formed on Previous Resistance
today Quarterly Results
Levels as Per the Chart for entry