Weekly chart. Consolidating for last 9 months. May be pregnancy is maturing to bear since trend is upbeat. On daily chart 50DMA, 100 DMA and 200 DMA are crossing on the upside. Previous breakouts gave phenomenal returns.
Positive: 1. Bounced back from its upward trend line with decent volume 2.Making higher top and higher bottom 3.Crossed 20,50,100,200 DMA 4. Momentum indicator and Trent indicators showing positive Points to look: 1. No significant change in the Open interest 2.20 points away from its all time high Stock just brooked the 8 month range bound between 546 and...
Short term support 589, 550. Target 658 . If crosses 660 on closing basis in short term, medium term good upside can be seen even up to 1000.
Biocon -IHnS formation gud buy above 630 for BO. for the target of 710+.SL 619
PERFECT | RISE ON | FALL ON | 30 MINUTE
potemtially bullish harmonic setups points to 650 in next 2 weeks
BIOCON break previous high keep watch trade enter 618 or wait enter above 621.75