BIOCON Positional - Buy Above 352 Stop Loss: 327 Target: 400
BIOCON 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 is trading at important resistance and formed a ascending triangle. Go long if breaks above .Pharma sector looks bullish .
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
all most 1:4 risk reward buy at 373 sl at 363 traget 420
Buy @361, SL-358, TGT-366 Sell @357, SL-359, TGT-352
What 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...
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
Long Biocon above 345 SL 332 Target 370 high probability to stock move upside after taking support. Explanation shown in the charts. This is for your educational purpose only.
BIOCON...Correct time to buy...bcz now almost in weekly support...once closed this week below 327...exit other wise huge moment will expect
This is the monthly chart. Recently Biocon broke the support levels of 360-365 and this resulted in a major 10% fall upto 330 levels. For long term investors, the question that arises here is - Where is the next buying zone? From which price levels the stock will show a bounce back? Here we will learn the use of EMA or Exponential Moving Average. Every stock...
BIOCON | Flag consolidation breakout occuring - 15% CMP : 417 SL : 400 Target : 445, 470
Long Biocon above 378 with SL 362 Target 422. Stock is moving in the support zone & high probability to bounce back from this side. Entry after the Bo of support zone as marked in the charts. Also this time stock expected to Bo the high resistance zone. So keep trailing SL to gain the maximum profit. If stock BD below the level of 362 no entry to be taken .This is...
#BIOCON Bullish harmonic PRZ-353-335 CMP:366 @17 August 2021
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - 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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
biocon chart analysis for intraday and swing trading