LearningBullnBear

Reversing from support

Long
LearningBullnBear Updated   
NSE:BIOCON   BIOCON LTD
BIOCON got beaten down heavily in last couple of weeks. Now it has shown a trend reversal on daily time frame and as it broke out above previous support and current immediate resistance with good levels and got retested on lower time frame with good volume.
Currently offering a good risk reward with a buy around 375 with a stop at 369 and with a target of 400/415

#YourMoneyYourRisk
Trade closed: stop reached:
Stoploss hit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.