BIOCON for BULLSBIOCON may show upside momentum in a very short period.
Lets see how it performs.
(for educational purpose only, do not invest without your own research)
BIOCON trade ideas
bioconthis may the last move of impulsive wave then after it may correct itself
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BUY NOW FORTHE MOVE OF 100 -150 POINTS
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THANKS
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BIOCONBiocon now ready to fly making double bottom after big fall rsi also making higher high here short term investor can buy.
Biocon - Symmetrical Triangle breakoutDaily Chart
Formed a symmetrical triangle and bo done.
W pattern BO on verge
Multiple tests at fib 61.8 and reversed.
strong spread BO candle with huge volume.
Biocon Positional ViewBIOCON: Positional View
Sustaining 408-413 can result in a good move
GAP Filling Possibility also there
Support at 404 and 398
#Biocon cash : Looks good above 405.10#BIOCON CASH
10.03.2021
Looks good above 405.10
and more above 408.10
stoploss 400
tgt 415/424/440
Cmp 402.55
Biocon 414-416Price has taken support over 390 with high volume and it is ranging in expanding channel. Take entry at 396 with 390 stop loss, target will be 414 -416. Duration is 6-7 Days
Biocon - Plain N SimpleStock in Trend Channel
Risk to Reward looks great
Currently on Lower Channel
Also in single range Inside Bars
BioconBiocon CMP 394.6
We can see price is taken support of cloud
but also we can see a bearish flag pattern in it ...
So below 393 closing (hrly)
with 396 as a sl,
Expecting price to continue its bearish trend
Chart is for study purpose only!!!
BIOCON trednline breakoutBIOCON looks strong as it has given trendline breakout in 3h/1h TF.
One can enter at the high of breakout candle.
SL low of the breakout candle
Risk:reward 1:1
BIOCON short ideaBIOCON gave support BD and closing below it.
Weak below 395 Level
View Negates above 407
Biocon!!On 1 hour candle biocon taking major support at level 400-403. If it trade below 400 then sell it for target 394, 391.
Ascending Triangle PatternThe stock is making an ascending triangle pattern and looks good positionally for first target of 439.8 (gap filling)
