BIOCON trade ideas
BioCon ReversalBiocon is forming a Bullish reversal pattern with higher volumes .
It is also at Fib retracement level
Go long at 418
Target 448 in two weeks
BIOCON- CONSOLIDATING FOR A BREAKOUTBIOCON IS CONSOLIDATING FOR A WEEK AND FORMED A TRIANGLE PATTERN.WE CAN EXPECT A BREAKOUT.RED NORMAL LINES ARE LONG TIME CRUCIAL LEVELS AND DOTTED LINES ARE SHORT TERM LEVELS
CONSIDER THIS BEFORE ENTERING:
ENTER ONLY AFTER GETTING CONFIRMATION BY VOLUME AND MOMENTUM
DONT TRADE GAP UP OR DOWNS
STRICTLY ENTER AT CORRECT POINT AND CORRECT TIME
FOLLOW SECTORS FOR MORE CONFIRMATIONS
Biocon , trend or trend break ??Moving in parallel channel farom last week , now , we can trade in parallel channel and also the breakout .
Buy above 455 , target 458 - 464 , SL 452 .
Sell below 452 , target 448 - 445 , SL 455 .
Bullish Symmetrical Triangle Pattern in BIOCON for Target 475+After continues uptrend in BIOCON in last few trading session it's consolidating in a symmetrical triangle pattern. Now it's near to break out of this pattern so expected it will continue its bullish trend up to the 475+ in the coming trading session.
Possible Trade:
Buy BIOCON above 456.50
Stop-loss 450
Target 475+
BIOCON - 4H TF - Ascending TriangleAscending Triangle forming on 4H Chart of BIOCON. Looks good above 445. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
buy biocon@450 for target of 500 in approx 2 monthsdo your study before investing....very safe call SL will be support line
Biocon - Ascending Triangle PatternAscending Triangle Pattern formation and can be a good positional/intraday trading opportunity above @444
