BIOCON trade ideas
biocon box breakout can come , only when it comes out of box lets see ,
if it does then trendline will be the target
Biocon Long Minimum 10-12% potentialTrading just above the trend line minimum 10-12% potential...
It will easily touch 420.. if it breaks it their is a potential of minimum 10-12% from current levels
BIOCON - Price and Trend SetupI am no expert in using GANN BOX but had this idea therefore testing it out on a stock. Stock has potential to give breakout from the range that has developed after recent high.
Biocon - buy on dipsbuy from 386.6 to 383
easy taregt - 399
tg2 - 405.5
Disclaimer : This is my personal analysis for study purpose not intended for trading
BIOCON_CAN TURN AROUNDBIOCON can turn around and start moving upside.
(for educational purpose only)
BIOCON 25 % POSSIBLE IN 3 MONTHSHead and shoulder pattern in making
25 % upside in less than 3 month possible
(study purpose only)
BIOCON Buy Opportunity with wolfe wave patternBIOCON Buy Opportunity with Wolfe wave pattern
Projected levels mentioned on the Chart.
Double pattern formation on BioconRounding Top and Ascending broadening wedge is indicating the coming downtrend in Biocon on 1 week TF along with decrease in volume.
Range formation after the breakdown from ascending broadening wedge making this analysis more powerful.
Keep an eye.
only for intraday down side trend line break touched 3 times
break out 4th time that way go for selling
