Assuming you had the Biocon then hold the stock as it is currently trading near its one of the strong supports which range around 200-220 price. As at broader level Indian stock market do not look into negative zone and rather it has sustain the last drop in march 23. So, the stock is in diminishing mode and does not look to at very much upside. Because it is...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
100% upside potential (CMP - 242, Target - 484, SL - 165) Biocon has been exhibiting strong reversal from all time support (165/Sh) to 242 / sh with good volumes It has already breached above 50 DMA and going by the trend it would shortly breach 200 DMA also. This is personal opinion and not an investment advice, idea shared for educational purposes only. Basis...
Head and shoulder formed in Biocon First target will be 265, second target will be 285
its given good signal but not entry this time may be profit booking time is now ,,, when retest then may be entry activated i am not fi adviser
Hello traders i hope you are doing well. Today i will share u bicon analysis.
Breakdown on the stock Can go much lower I am just representing my views For educational purpose only.
Hi every one 157 95 profit leval you can take risk to buy here I mentioned eveerything in chart
BIOCON is trading in down trend since many days. now its near to its weekly support. wait till it touch weekly support and sustain there. 245 can work as trend changer. Lets wait & watch to cool down near support and forming some positive candles. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational...
biocon can be long for short term from 235-229 zone with 224 sl targets in the 250 range as per mentioned above
BIOCON Buy for intraday trading if stock breaks the given resistance level.............
On Support.. Ready To Boom .. I am Bullish. 🎯🔥🚀🚀👌👌🔥🎯
BIOCON Trading near strong monthly support zone of .. 223--- 210. There is bullish divergence also between PRICE & its RSI in weekly timeframe. Price also taking support near demand zone. #BIOCON📈📉 👉🏻Stock approaching strong Monthly & Weekly Demand Zone✅ 👉🏻 223-10Support Zone 👍 👉🏻Stock Showing Strength from support📈📈 👉🏻 Good For Investment View📈📈 👉🏻RSI...
let it cross 230 and on confirmtion take monlty long with 6% risk let it cross 230 and on confirmtion take monlty long with 6% risk
Biocon Ltd. Stock on Daily TF we can see the Down trend from Jan 2021 which is still continue. Stock made new lower low and trade below 20day MA. Momentum of short term and long term also weak. Entry : CMP Sl : 242 Downside Move : 214
48 PER broken the 14 year trend lchannel also the lower sloping 3 year ( red Channel)
BIOCON Buy for intraday trading if stock breaks the given resistance level........
On a daily its looking to soon reach the bottom and then stake a small recovery before another fall. TP and ENTRY are in the chart... tread lightly Happy new year to all