BUY BIOCON FOR LONG TERM - BULLISH MOMENTUMPrice moving from Monthly DZ
Take a position on CMP and will see a target of 400 420 then 450.
SL - Mentioned on chart
Trade is for education purpose only, do you analysis before trading.
BIOCON trade ideas
Descending@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
BIOCON TRADING MY VIEW POINTwatch daily candle until breakout of 380 and wait for retest, let see what's going to happen.
Long: Its time for investment for near about 1 yearIt test its previous resistance. Buy with Sl 200 EMA (Close below weekly candle)
Learning Purpose200EMA Support on Weekly Timeframe also in a tradeline support. Not a trade recommendation only for learning Purpose.
BIOCON - Price and Trend SetupGood buying has happened in BIOCON since last two days with stock in previously created supported zone. Per VSA this could be a turning point for the stock if demand increase in coming days or weeks. Good to add to watchlist.
BIOCONBreakout from a Symmetric Triangle and also
A sort of Ascending Triangle is being formed.
Awaiting Breakout.
Ride the change in sentiment with the bullish momentum kicking in.
MACD looks positive for a good up move.
Biocon Cmp 377 dated 16.9.2021Biocon Cmp 377 dated 16.9.2021
1. Ascending Triangle Pattern BO @ 377.
2. Volume Rise.
3. RSI BO
Buy for a tgt of 425 SL 355
It is just a view, pls trade at your own risk.
biocon looks good buy 370-375 target 385 sl355 -DKM SIR
It break the resistance of 370 buy and hold as per your risk ..
BIOCON ASCENDING TRIANGLE BREAKOUT AND RETESTBIOCON looking good for intraday retest done. Go long if breaks the resistance with good candle. Targets are marked on chart or take targets as ur analysis.
BIOCON ASCENDING TRIANGLE FORMEDBIOCON is trading at important resistance and formed a ascending triangle. Go long if breaks above .Pharma sector looks bullish .
biocon can boom in the comming days biocon making an ascending triangle on daily time framed the breakout has been done and it has made a hammer in weekly time frame near price action and fib level support ema are also supporting the stock must be consider for buy
How To Trade a Rounding Top PatternWhat Is a Rounding Top?
A rounding top is a price pattern used in technical analysis. It is identified by daily price movements, in particular the tops, which when graphed form a downward sloping curve. Technical analysis of price information suggests that a rounding top may form at the end of an extended upward trend and that this price pattern may indicate a reversal in the long-term price movement. The pattern can develop over several days, weeks, months or even years, with longer time frames to completion forecasting longer changes in trend.
Understanding the Rounding Top Pattern
A rounding top pattern may also be referred to as an inverse saucer pattern. It is similar to, and may occur coincidentally with, a double top or triple top price pattern. The main point of recognizing the pattern is to anticipate a significant change in trend from upward trending prices to downward trending prices. Recognizing this kind of a change can allow traders to take profits and protect themselves from buying into an unfavorable market, or strategize to make money from falling prices by short-selling. The rounding top pattern has three main components: first, a rounding shape where prices trend higher, taper off, and trend lower; second, an inverted volume pattern (high on either end, lower in the middle of the pattern); third, the support price level found at the base of the pattern.
biocon 500 monthly target wih this wonderful support of fibnocci 61 level
it is versy strong , to go through
this month cnxpharma is also taking support
so we can hope this 500 level target
