It's Look like Bullsih Inside Candle on support. We can Buy it With SL of Previous Swing low 🔅. Even we Can buy Stock option 😁
BIOCON has consolidated for over 3 years and has spent last 1 year in making a base. This base formation has resulted in Cup & Handle pattern. After breaking out from C&H pattern is has come back to test its breakout level. Recent volumes in BIOCON has also been commendable. Wait for the stock to show rebound above the breakout level before entering into it....
its looks like strong support zone in BIOCON in weekly time frame. May we can see a good rally for 80points in Biocon. Note : All the given ideas are educational purpose only.
Biocon waiting for break this resistance level. if break successfully then reach next target price. Long time target still in up side. .
Biocon made a strong bearish candle on 8th January and gave closing below candle on 12th Jan. The stocks is sell on rise as per our analysis around 280 - 285 with the SL above 295 on closing basis. Targets are marked on the chart with green lines. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on...
Biocon can hit All time high and need to be patient with this stock as well as fundamentals to be checked on your own.. Logically Breaking out in monthly charts at 265 range and can buy at current market price with targets of 325 and 407 in 2-3 months. Book 60% and wait till it crosses all time high of 488 to gallop to 600+ levels in 2-3 quarters.
Biocon has strong resistance and support levels follow them if you plan to trade. It is only for education purpose only
Hi sir This is my view biocon can generate good return within 3 to 4 years best stock for SIP and mutual fund
Biocon looks good for short term target 342 SL is below 260
BIOCON (1W TF) - Swing Trade Analysis given on 12th Jan, 2024 Pattern: ASCENDING TRIANGLE BREAKOUT - Breakout & Retest - Done ✓ - Volume Spike at Resistance - Done ✓ - Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #biocon
Biocon looking good at current range of 230-240 mutual funds increasing fundamentals decent sales growth at 54% 6884 cr profit grow at 35 %
Fib- the short term trend in this counter is extremely bullish. Hence any dip is an opportunity to buy. RSI- RSI taking higher support on hourly chart is very positive positive divergence on the 15 chart is indicating reversal. Conclusion- Buy above 283 on a 15 min close candle. T1 292
#BIOCON #stockstobuy #trending #swingtrading Biocon weekly Breakout of Important Resistance zone. Expected upside further move.. Good swing trade chart. ✅☯🧧🛫 Buying level - CMP - 282 Target level - 326 (14%) Stop loss - 265 (7%) RRR: 1:2
As per set up, MACD attempt to cross centre line with huge volume, and RSI is bullish, moving averages are positive, so from here, trend reversal signals are coming, looking good for next 6 months, levels 350 and 380 can be seen.
biocon IT is looking good for long term. can give good momentum in coming months
#Biocon A sleeping giant awakening? Breaking free! The downtrend seems to be fading, and whispers of an uptrend are in the air. Time to grab some before it takes off? #Bullish CMP 291 Trendline breakout Volume buildup #BREAKOUTSTOCKS #nifty #nse #pharma #Multibagger #StocksToBuy
Biocon Best Buy at dip longterm downtrend breakout concentrate if price sustain above 300 in daily good move may happen
BIOCON has been making Lower Highs and Lower Lows for the last about 3years, on the weekly chart, as it dropped 60% between Dec 2020 high and March 2023 low. After that it made its first Higher Low during October 2023, and this week it broke its prior swing high thus making a Higher High. The latest move since March 2023 is also marked by volume support as the...