Bullish view on BIOCON but only if breaks trendline
Downtrend but a reversal pattern is formed:
Inverse Head and Shoulder.
Facing resistance on the trendline.
If breaks trendline and goes above 377,
then see the candle pattern on 15 minute time frame and buy around 380.
Target = 420
SL = 350
Inverse Head and Shoulder.
Facing resistance on the trendline.
If breaks trendline and goes above 377,
then see the candle pattern on 15 minute time frame and buy around 380.
Target = 420
SL = 350
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.