biocon looking good tgt are 300 315 320 360 400
sl for this is just 260 on clsing basis
disclaimer just for view purpose
BIOCON trade ideas
BIOCON could be bought at 238 leveli see stock going down till 237.75.....which is a good level to buy
BIOCON IS IN TRENDLINE FOR BUYINGBIOCON 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, TOUCHED ITS BOTTOM!!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 Elliott Wave AnalysisBiocon 320 Above Weekly Close Next Target 360
good for Swing Entry 320 above close
BIOCONBIOCON - 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.
BIOCONHello 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 meets falling trend line resistance. The structure would be considered wrong if it breaks 298
BIOCON - 300 is make or breakWatch Biocon
BIOCON - 300 is make or break
it will be a buy candidate above 317 and sell candidate below 300 for tgt 270
BIOCON - Swing trade Short term trend analysis of BIOCON
buy at 307
SL : 311
Target : 318
Risk to reward : 1 : 1.8
Biocon Few months back, We recommended biocon for long position from 315 to 400. Which is completed.
Now our analysis is form shorting biocon.
After 40 days of consolidation, Biocon closed below 315.
If biocon retest and gave closing below 310.
We can short futures for target of 300 & 280 or trail our profits with a SL of 320.
Levels are clearly Marked. Follow rules for profitability.
Thanks
Sumit Thakur
My view on BIOCONBIOCON looking weak below 319-320.It may break its important support 319-320.Looking target 310-300-290 in short term.Also keeping on radar Biocon 320 PE.
biocon go short sentiments r negative go to short..............................................................................................................
good accumulation seenplease refer to the chart.
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Simple Trade Setup | BIOCON | 18-04-2022 [INTRADAY]NSE:BIOCON
Trade Setup for 18-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Biocon Long IdeaIf you like the idea kindly like, follow and support me. NSE:BIOCON has formed 2 beautiful chart patterns i.e. Ascending Triangle and Cup & Handle Pattern. It is trying to go for a breakout but the real rally may begin above 353. It is having a support zone of 325-330. Ideally, the target of Cup & Handle Pattern is the height of the Cup and stoploss is the bottom of the Handle. This idea is for chart learning purposes only, if you want to trade then trade with your own risk, proper money and risk management. And always trade with a stoploss guys.
BIOCON 15min structure breakbiocon trying to shift its momentum, keep an eye for monday it may go bullish if the sector remains bullish
BIOCON LONGBiocon formed a double bottom pattern and is ready to move upwards.
One can either wait for re-test r can also enter with 325 levels as STOPLOSS.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
