NSE:BIOCON rectangle pattern breakout and 200 ema/dma breakout best time to enter for swing trade /intraday for the short target of 388,394 with stop-loss 351 use retest method plz do ur own analysis before taking trade.
Chart has formed a doublebottom pattern and in verge of breakout with huge volumes, Entry above 378 with Stoploss 350
Falling trendline breakout with increasing volume Biocon looking bullish if it close above 380 ,wait for closing , looks good for target of 420,480
Strong Stock Use treling stop loss and continue big really. All technical indicators are bullish. This is a swing trad approx. 1 to 3 week.
Biocon weekly BO Possible? Go Long above 385 closure.
Have a good support in the trend line Down Trend line breakout For a target of 400 to 410 and s.l of 330-310
GYANEE -BIOCON CMP 364 Stoploss 320 - (44) Points per share Target 470-500-530 - (106-166) Points per share It is following a channel pattern , from long time and has taken support recently , result is due today that is 20th jan for 3rd quarter , this can be a good trade if result comes in favour. However slow mover from many days and following this trade from...
A down trend channel pattern is formed and the trend reversal is around the corner. Buy above 375 after the breakout from channel pattern. Target 419.
NSE:BIOCON looks like a bottom made in Biocon should head higher from here , looking for all time high and higher targets as price unfolds...
Hi Traders, As you can see from the above chart, currently BIOCON at good support zone at Rs.347/-, if the tomorrow price took the support at same level you can take the buy trade. You can take the trade after formation of 1 hour candle in the upward direction. You can take the trade at CMP and SL is based on your risk appetite and target is Rs.400 to 420/-. ...
1. RSI positive divergance in 30 min 2. pharma seems strong up coming days 3. now at support of weekly pivot
biocon 1. a type of channel is forming 2.going to test trend line (green) 3. bulish upto green trend line 4. if it breaks go for long again
biocon can be stabilizing but shorting at high is the best option we have , RSI may be showing oversold jone but it can stay oversold for longer than bulls look like anticipating.
Biocon corrected 45% from high, need to observe the buying in this stock. we need heavy buying from here, whenever we see buying without thinking we can go into this stock.
In hourly tf it has made a bullish hidden divergence and in daily its setting up for an AB=CD near 425-430. View would be negated below 398
#BIOCON ( BIOCON LTD),TF-1D Chart with upwards trend Fresh #Breakout candidate with good volumes & closing Gave strong closing above all MA(50,100,200) Looking good for 423-440-455+ targets in short term SL Below 380 on DCB Keep in #watchlist #niftypharma
BIOCON Buy- Above 395 SL- 380 Target 410 420 430 Duration- 10-15 Days Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us Like Us Share with fellow traders Also check the below related ideas for other stocks.