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
Biocon Resistance is 245. If open Gap down below 245. Sell for the target of 240 SL 246.
Biocon M/W/D SL= 2300*2.15=4945 Low risk trade may bounce from low
Biocon, many supply zone inside weekly low and origin-wait watch Iff the weekly demand gets broaken, then plan for short in those daily supply zones
Bearish N wave in Biocon - the bearish retracement met its target of Fib retracement levels and possible continuation of the downward is in act.
#BIOCON NSE: BIOCON CMP: 267 TP: 320 SL: 250 TF: <6m RR > 4 times Return > 20% THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising...
Double Bottom Pattern Kind of Scenario is seen in Biocon. Biocon is a long term investment idea. It can be frustratingly slow moving at times. Biocon Ltd CMP-267.05 Red Flags:🟥 Decline Net Profit Decline Annual Net Cash Flow Green Flags:🟩 Zero Promoter Pledge Improving Book Value Dividend Yield @CMP – 2.51% Happy Candles Number –59/100 X/3 Entry: Closing...
As per Fibonacci levels NSE:BIOCON has been retraced 70% on weekly chart. Now price is trading at major support of 270. My idea is to take entry at 270 with Stop Loss of 255 (-15 Points only). My expected up side target will be 287 (+17 Points) & 311 (+41 Points). This could be low risk and high reward option. Note: This is my personal analysis, only for...
NSE:BIOCON is sustained above major resistance of 270. My idea is to take entry once price correct or retest level of 272. It will be best risk and reward option. My stop loss will be 255 and upcoming target would be 316 & 349. Note: This is my personal analysis, only for learning. Thanks.
tgt are 300 315 320 360 400 sl for this is just 260 on clsing basis disclaimer just for view purpose
i see stock going down till 237.75.....which is a good level to buy
BIOCON is in trendline for long term buying, its good to hold it for 6 months to 1 year. it is in good support. Trail stoploss.
Biocon is in its lowest support. soon the bull rally of oharma is going to come. you could see the last candle, made a touch to its lowest support and bounched back up. adding on: even look at the size of last 3-4 red candles, which are getting smaller in size. saying that sellers are getting in control, and markets forming a range. price targets are mentioned.
Biocon 320 Above Weekly Close Next Target 360 good for Swing Entry 320 above close
BIOCON - Hidden bullish divergence accompanied by max volume at profile support. The risk reward ratio is highly favourable here. One can go long with a SL of this week's low.
Hello and welcome to this analysis BIOCON which has been in a downtrend for a very long time now has given a mega reversal signal via an ABANDONED BABY BOTTOM Abandoned Baby Bottom reversal are similar to Island Reversals, where the isolated candle is formed with a gap down preceding it and a gap up succeeding it. This could now rally till 320-340 where it...