BIOCON trade ideas

JITU_210 Updated 

BIOCON Daily chart is showing Flag-Pol Pattern Breakout.... Targets coming 20% upside in next 50 days. LTP - 244 SL - 230 Targets - 290+ Timeframe - 50 days.

kumawatsbk

Biocon go to above 300 SL 248 continue chart calculation about data

kacraj

PHARMA: BIOCON @ 244.90 | 17-JUN-2023 Sector: Biotechnology & Medical Research BETA: 0.61 FACE VALUE: 5 DIVIDEND YIELD: 0.61 BOOK VALUE: 78.87 SUP: 189/12 As long as this support holds, we can see 610-780, 960-1030

kacraj

PHARMA: BIOCON @ 244.90 | 17-JUN-2023 Sector: Biotechnology & Medical Research BETA: 0.61 FACE VALUE: 5 DIVIDEND YIELD: 0.61 BOOK VALUE: 78.87 SUP: 189/12 As long as this support holds, we can see 610-780, 960-1030

mukeshsingh92 Updated 

Biocon after a continous fall have given a pull back, but we can see it struggled to crossed 260, that is a stiff resistance... Sure shot trading idea -- sell 260 and above CE ... and I assure it will be zero...

indaytrading

this stock is breaking above the daily descending resistance👀

Nimble_Pesos Updated 

Decent Buying seen at this level, looks good for 400++

romeotherider

Biocon reached strong support level and reversal from downtrend to uptrend with closed above EMA 20. Expected target level 374. Educational Purpose Only NSE:BIOCON

churiwalvikram

Biocon on long term count has either completed wave 4 & started wave 5 up which can reach 780-1060 levels or its forming triangle in Wave 4 of which wave A is complete & we are rising in Wave B Up so in both cases prices should remain bullish as the moves unfold we can decide if its impulse or counter trend move at least a move towards 374 is possible in wave B...

hunterhunt777

both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book

kacraj

I expect big bull move in BIOCON SUP: 191/12 TARGETS: 485, 612-666-778, 960-1029, 1142, 1298, 1435-1505

The_SharkTrader

1. False breakdown to trap sellers and price is back to above support 2. Have been in downtrend from a very long time, so a good pull back can be seen for swing trade perspective 3. If hold for long term, then considering the SL below the support and target at ATH, risk to reward is very lucrative.

BharatAsani

BIOCON is showing signs of a breakout, so far volumes are not supporting it. For any entry into longs it would be better to wait for a strong candle with good volume support.

hunterhunt777

both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book

Suryakumar28

Perfect triangle pattern is forming in the biocon 15min timeframe, Trade only with the good volume breakout, With the good entry & Risk management. Disclaimer: This analysis is only or educational purpose, Do your own analysis before trading.

dakshb3839

Good chart structure Breakout on the stock Target 239/242 Stop loss 225 I am just representing my views. For educational purpose only.

ganeshkrupa

BIOCON breakout from the downward trend, it it sustains above 227 in day it will reach 242

COWBD888VU8

BIOCON showing good momentum past 2-3days big player are active on 223 level will give good move!