BIOCON BUY ABOVE 434 with SL 427 Long

NSE:BIOCON60

BIOCON LTDNSE

Description

⋅ Jul 18, 2020 4:40 PM

BIOCON BUY ABOVE 434 with SL 427

Comment

⋅ Jul 20, 2020 4:11 AM

5min candle shows clear rejection, trade not active yet, waiting for today' high to break and then enter

Comment

⋅ Jul 20, 2020 11:59 AM

still in a triangle pattern, look out for opportunity tomorrow

Comment

⋅ Jul 21, 2020 5:08 AM

SL at 427

Trade closed: stop reached

⋅ Jul 21, 2020 5:16 AM

Triangle

Comments

pradeepk72

⋅ Jul 24, 2020 7:11 AM

Biocon down??? Is it out or will it bounce back next week... if yes, what is your tgt?

S_u_n_i_l

⋅ Jul 24, 2020 7:16 AM

@pradeepk72, it will bounce from CMP

S_u_n_i_l

⋅ Jul 24, 2020 7:17 AM

@S_u_n_i_l, target 440, sl 412..

this is as per my setup, please follow your risk management.

Suresh_HR

⋅ Jul 20, 2020 5:17 PM

Can you explain little on A B C D that you marked. Does it indicate anything or its just a marking?

S_u_n_i_l

⋅ Jul 20, 2020 5:34 PM

@Suresh_HR, i usually use it for marking and i dont depend on what ABCD's does. I am not that expert :P

Suresh_HR

⋅ Jul 20, 2020 5:16 PM

Awesome Master. This kind of charts / study really helps novice to understand the price action better. I have been following this stock for sometime. The levels I marked & my analysis exactly matching with your analysis.

S_u_n_i_l

⋅ Jul 20, 2020 5:35 PM

@Suresh_HR, thats great bro, keep posting ideas atleast privately. It will help you to track in future.

pradeepk72

⋅ Jul 18, 2020 7:48 PM

What is the upper target you are suggesting

S_u_n_i_l

⋅ Jul 20, 2020 3:57 AM

@pradeepk72, target 1: 443