Good fundamentals. Forming a nice cup and handle pattern. lets wait for the breakout.
Explained in chart. SL-- Day candle closing below 540 . Yellow trendline above is the target when touched....safe to exit. it is yet to form a higher low and then we can expect a breakout. Lets wait and watch... Add it to watch list... Note: just for knowledge...not a tip nor advice.
In the Weekly and Monthly time frame, BIOCON is adhering to a pattern as shown in chart. TAKING SUPPORT AT THE TENDLINE... We can enter the trade now( for risk takers)... if it doesn't move as per plan, we can exit with small loss. For low risk ones - Lets wait for a Bullish weekly candle and enter 25% (since its just one of the ways it can move, we can"t...
Chart perfectly adhering to pattern ..Super consolidation is seen We can expect a sustainable breakout with huge volume soooooon.(if broad market maintains momentum). Target can be 3900-4000. Exit when day candle closes below yellow horizontal line. It should not take much time as it is a stock with great momentum recent times. Lets wait and watch. NOTE:...
WEEKLY BREAKDOWN...coloured horizontal line can be the quick target. Add to watchlist.
Bullish piercing + engulfing alike pattern at perfect trendline support on weekly time frame. ADD TO WATCH LIST.
breakout with volume .....both weekly and daily timeframe... hammer candle. Add to watch list.
Perfect morning doji star at trendline support.... SL @ low of doji target 195 just for knowledge....not to be taken as investment advice. TRADE ALWAYS WITH PROBABILITY....NEVER TRADE WITH CONVICTION.
WEEKLY BREAKDOWN. SL exit when daily candle closing above ma as shown POTENTIAL TO GO DOWN TO 3000 LEVELS. MAKE IT TO WATCHLIST. JUST FOR KNOWLEDGE...NOT TO BE TAKEN AS INVESTMENT ADVICE.
Primary trend is bearish...(by daily timeframe) 1 hr candle given breakdown ...entry must be 1265.50 target - 1st - 1220 2nd target - 1148 SL 1292 for small risk for risk takers 1 hr candle closing above yellow trendline would be exit. NEVER TRADE WITH CONVICTION....TRADE ALWAYS WITH PROBABILITY. Just for knowledge.. consult your financial advisor before investing.
Chart showing superb pattern with perfect candles appearing at correct trendline supports in weekly,daily, hourly candles. Add it to watch list... Entry can be taken now and quick target most probably can be 3680 Next target- 3899 SL- daily candle closing below yellow trendline. NEVER TRADE WITH CONVICTION....TRADE ALWAYS WITH PROBABILITY. Just for knowledge.....
Probability looks great for profit....morning doji star pattern .....trend line support with ma cross. target- 2149 stoploss- 1 hour closing below 2044 just for kniowledge.consult your financial advisor before investing. #profitwithprobability
bouncing up from a crucial trend line.... In 1 hr time frame, there is a morning doji star stoploss - 1 hr closing below 37.70 1st target- 40.25 2nd target- 42 NOTE- just my personal view ..not to be taken as investment advice. NEVER TRADE WITH CONVICTION...ALWAYS TRADE WITH PROBABILITY %