Buy biocon quick tradebuy 344.50
Target sell 1 - 1.5 %
sl 0.5 % from entry
strategy Rsi deep over sold rsi around 10 in 15 min chart
taken 150 QTY target 1.5 % if seems or else ill take 1 % and exit
BIOCON trade ideas
Stocks algo selection (1-03-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have select four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
[3BBR] Biocon Buy TradeNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Go LongDuring the market swings this stocks has been relatively very stable. Time to go Long.
R:R - ATR - 1:3
#PlanYourRisk
[Positional] Biocon SnR BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
Biocon is looking positive with potential of +10% upsideThe price is range bound from past 3 months and chart structure is quiet positive for upside movement of 10%.
If stock move for long pending gap filling, expect a further addition of 10-15% return.
The entry will be above Rs 386 with target of Rs 420 and stop loss as per risk reward appetite
Key Points : Range bound consolidation of price, moving average, RSI , volume
Thanks
BIOCON LTD "good break-out with volume"Will be buying at an range of 360 to 370 withan stoploss of 341 with an target of 440
Entry :- 360 to 370
Stoploss:- 341
Target:- 440
Reasons:-
1. Breakout
2.Good volume support
BIOCON Trade Setup For TomorrowBIOCON Formed Descending Triangle Pattern. Wait for proper breakout and retest and based on that, one can look for entries.
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BIOCON# WEEKLY BUY#Fearless-Buy#SWINGTARDE #FINANCIALFOOTPRINTSLines explain it all, best time to enter was previous candle (a week ago).
But the reason i still posted is to prove that buying at high price is still better as than to loose the whole opportunity.
It's in a strong uptrend !!!
#Biocon cash : Buy around 380-385 #Biocon cash -(Buy in dips only in panic)
13 Feb 2022
Looks good around 380-385
stoploss 360
Target 430/480
cmp 402.90
Biocon head and shoulder patternBiocon formed head and shoulder pattern and gave a breakout. Target around 440 for short term.
Biocon- Descending triangleNSE:BIOCON in untrend showing descending triangle. And in 30min it's near resistance line. As per theory the next move is bearish candle since current trend is uptrend we can expect bullish move also. Take trade after confirmation.
BIOCON | Trend Change | Momentum Trade | 10% NSE:BIOCON
Trend Change in BioCon Ltd with gap between candles in daily chart
Price now above 50D & 200D SMA
RSI in Bullish Zone
Buying Volume Increased
Tgt : 418 - 445
SL : 385
BIOCON : FRESH BREAKOUTBreakout with good volume
TGT - 430 & 460-+
SL -380
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
BIOCON [inverted head and shoulders pattern]inverted head and shoulders pattern
targets r opens
IF YOU LIKE MY IDEA …PLEASE .FOLLOW ME
Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
Biocon Ltd - 04.02.2022Biocon Ltd - 04.02.2022
The stock is trading @391.65 levels
The prices are above EMA
There is a SUPPORT @377 levels
There is a DOJI in Monthly Chart
Let the prices go above 398
RSI is 57 in Weekly Chart
Watch out for the price action
Breakout in BioconBiocon has given breakout of Inverted head and shoulder pattern. VWMACD is also indicating starting of upmove. Immediate resistance trend line is placed at about 395, once it close above it , it can give good upmove. Rest is detailed at chart
Disclaimer : This is for education purpose only.
Positive turnaround in Biocon.The ranges have been drawn. Today's high was nearly equal to the previous secondary high in the downtrend. The momentum has turned positive according to Dow Theory.
Just an idea. Do your own research.
expecting a pullbackexpecting a pullback as it crossed the previous resistance like a blade cutting a jelly.
BIOCONBiocon daily time frame. Breaking out of a triangle pattern beautifully. Good to go long here with strict stop loss.
BIOCON - Trade after Breakout.Dear Traders,
As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill will take trade during Retest.
So, This stock is good for 1 to 2 moth holding.
CAUTION : Please check Bank nifty and Nifty Charts before Taking any trades. As if they will act bearish our stock may too.
Happy Trading Guys. And like if you like the Content.
Simple Trade Setup | BIOCON | 02-02-2022 [INTRADAY]NSE:BIOCON
Observations:
1) On 1 day time frame, it is near the resistance zone. 380 is immediate breakout level.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see that it is trading and making accending triangle pattern.
Please refer below chart : 15 min Time Frame.
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Trade Setup for 02-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
