Biocon Weekly chartBiocon weekly chart shows good move with volume, trendline breakout & closed above previous swing. One can add this for short term/long term in portfolio. SL is little big so quantity management is most important.
BIOCON trade ideas
Amazing breakout on Weekly / Daily Timeframe - BIOCONCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Huge consolidation with a good volume. Looking for a quick upsid#Biocon is consolidation in the tight range and recently broke the parallel channel.
Quick up move is on the table.
BIOCON C&H PATTERNBIOCON breaking c&h pattern
with huge volume and good rsi
trading above all key ema
educational idea only
BIOCON BEARISH PATTERN biocon formed bearish pattern.
This is channel pattern downside Breakout so this is Trend Reversal in to downside. It will some Retaresment happens will take short Entry @259 and strictly maintain stoploss @266 first Target is 240, second Target 219
$NSE:BIOCON Only SIP when the herd is fearful for WealthNSE:BIOCON Only SIP when the herd is fearful for Financial Freedom
Do your own research before investing or trading in any stock or indices or crypto.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Biocon Long OpportunityWe can go long from current level up to given target.
currently price @ wholesale level.
Trade or Investment at your own risk.
We are not SEBI registered.
$NSE:BIOCON Time SIP Biocon for long term wealth generationNSE:BIOCON Time SIP Biocon for long term wealth generation
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Biocon might surprise Warning! Stop loss is deep 15-20%
Biocon reported 3x profit in Sept23 quarter. As per charts its could have ended long drop from all time high.
Elliott wave count added on charts.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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Biocon is buy as it rises to first level above solid base of 201Biocon is buy as it rises to first level above solid base of 201
Safe players buy above 278. Now its risky if it slips from here for short term.
this current level OK for SIP folks.
Stop loss and Hedge must.
Biocon Simple Analysis - LongNSE:BIOCON after a big fall has been able to create a HH and HL, this is an indication of an Uptrend.
And the price has just reacted from a Trap Zone, hence expecting it to go up to 281 for now, which is approx. 9.44% Return on Investment.
Biocon will be ready for breakout in next few days. if nifty up.Biocon will be ready for breakout in next few days. if nifty up. NSE:BIOCON
Market fools us all. use stop loss or a line below which sell the stock.
BIOCON#BIOCON - Is looking good on the daily and weekly charts. The stock has taken support near 50MA on the daily chart. Maintain the stop loss as mentioned on the chart.
BIOCON MOVING IN A CHANNEL CAN GIVE MAJOR BREAKOUTThe stock is forming lower lows and trades in a fix channel it can give good positional returns
Biocon Stock for Medium term investment like mutualfundHi everyone
Weekly chart biocon me
apk mutual fund ki tarah investment kar sakte ho
1 year me good return expected
Note : Stock Market is risky
I am not Sebi registered
Consult financial Advisor
BioCon - Cup & Handle PatternBiocon is showing cup and handle pattern. It did crossed the neck line, however, couldn't sustain. The cup and handle pattern resistance is neckline and to have a successful breakout, there should be a green candle which breaks neckline and thereafter, a subsequent green candle closing above that candle.
In Biocon, that subsequent closing above the breakout candle has not yet happened, and it fell thereafter. Let's wait for the break-out above the price and we can see a good move. Patience and right entry is key.
"Clean Chart, Easy Chart"
Learning and Earning!!!
Cheers!!!
BIOCON giving breakoutBiocon ltd can be bought at CMP with a SL of 189
Targets-
T1-312
T2-408
T3-471++
Thank you
BIOCONHello & welcome to this analysis
Stock is among the rare few which had a lengthy period of correction which broke the Covid lows.
Its trying to reverse as can be seen in lower time frame but higher time frame still lacks confirmation and is suggesting volatility.
I have explained the levels on both sides which would give a clearer direction of trend.
Hope this helps
Happy Investing
Biocon: An ascending wage and possible breakoutBiocon has created an ascending wage in daily chart, which , may have been inching towards a very near upside break out soon. Generally these kind of patterns are continuation pattern and by break out, it continues towards its upside path. However any breakout should be confirmed with technical indicators before entry. For more clarity Biocon should cross 280 price level with good volume and must survive over it.
Exciting Bullish Pattern Alert!📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Flag & Pole with Rising Wedge
📌 Symbol/Asset: BIOCON
🔍 Description: Flag Pattern breakout with Rising Wedge Pattern ( Multiple patterns gives double confirmation )
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Long term investment idea💡Look this charts it's saying I m ready to blast
I m only attract when r:r is very good
My stoploss for one to three years investment only@240😇
My target is very big
Uptrend Channel Pattern Reversal in BIOCONBIOCON LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Uptrend Channel Pattern .
📊 It can give movement upto the Reversal target of Above 280 +.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 310+.
📊 Can Go Short in this stock by placing stop loss below 240- or last swing Low.
Near Trendline confluence : planning to list Biosimilar businessBiocon is planning to list it's biosimilar business
