BIOCON trade ideas
Biocon-From Jan stock is moving under range 370-420Buy around 383-389 by keeping SL 368 on closing basis.
Near term target
1st target- 407
2nd target- 415
3rd target- 424
Mid term target
1st target- 450
2nd target- 470
3rd target- 490
BIOCON BUY ABOVE 393BIOCON BUY ABOVE 393
SL 382 TARGET: 398, 402, 408, 412
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Biocon strong and Target at Rs470!NSE:BIOCON has a short term target of Rs470.
The resistance level is Rs473/485.
Stop Loss: Rs380
If it breaks out of Rs490 and sustained there, the new Bull move can be ever stronger. But for now lets see the levels.
Daily day trading guidanceAfter a long term downtrend , finally today Biocon has change the trend from down to up, if tomorrow a retest done definitely a buy opportunity comes for a target of 418
BIOCON BULLISH POSITIONAL TRADEONE CAN GO LONG AT THE CURRENT LEVEL WITH A STRICT SL OF 370 CLOSING BASIS.
MOMENTUM TO BE SEEN ONCE IT CLOSES ABOVE 400 LEVEL WITH VOLUME SUPPORT.
#Biocon cash : Looks good above 405.10#Biocon cash - Positional call
08.06.2021
Looks good abvoe 405.10
and dips 395-398
stoploss 390
Target 424/444
Cmp 402.45
BIOCON BREAKOUT BUYBIOCON IS BR4EAKOUT BUYING HOLD 2 OR 3 WEEK FOLLOWING OWN ALALYSIS MAKE A GOOD PROFIT TRADERSSSSSSSSSSSSSSSSSSS
BUY RANG 400-402
Live Challenging Stock Market Analysis BIOCON Buy @ 400.60Market Analysis
Live Challenging Stock Market Analysis BIOCON Buy @ 400.60
Target @ 473.40
#sharemarket #biocon #Nse #stockmarket
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It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
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Buy BioconBounce from support level with RSI break out
Break out TL
Buy for 420-440 level with sl 383
Biocon - Trend Line Breakout - Resistance BreakoutPositional Trade: Biocon has broken out from a falling trendline and at the same time attempting to close above a resistance at 392.
Buy: Biocon
CMP: 391
Target 1: 420
Target 2: 424
Stop Loss: 382
Biocon - Are bulls ready ???NSE:BIOCON had been facing resistance near 425 and taking support near 370 in the past. At this point of moment, we may see a triangular pattern ( T1 & T2 ) crafted inside the range which is ready to give a bullish breakout and bring in the bulls.
One may initiate a long position with a stop loss below 382.5.
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