BIOCON SHORT TERMBIocon is engaged in the business of manufacture of biotechnology products and research services.
Beautiful example of the power of ICT analysisThis was the first Indian futures product I looked at after a friend asked me for an analysis. Lots and lots to study and see.
Biocon potential up move for 25 points. level 270Strong up side move, Respect Fibo levels. Potential up move started after corrections.
Biocon retracing from support zone1. RSI positive divergance in 30 min
2. pharma seems strong up coming days
3. now at support of weekly pivot
BIOCONVolumes that have come in today are better than the average volumes, and even the data shows some good upmove.
This can be a long with stop loss of 398-400 for a target of 412, 418 and 425
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Frequently Asked Questions
The nearest expiration date for BIOCON FUTURES is May 30, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell BIOCON FUTURES before May 30, 2024.