Get started

BIOCON

MACD Crossover - BIOCON📊 Script: BIOCON 📊 Sector: Pharmaceuticals 📊 Industry: Pharmaceuticals - Indian - Bulk Drugs Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Already Crossover in Double Moving Averages. 📈 Right now RSI is around 66. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 323 🟢 Target 🎯🏆 - 350 ⚠️ Stoploss ☠️🚫 - 311 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:BIOCONLong
by radha_23
CNXPHARMA - Trend Reversal 📊 Script: CNXPHARMA (NIFTY PHARMA) Key highlights: 💡⚡ 📈 Nifty Pharma is retesting from its support level shown in chart. 📈 Pharma stocks can give good returns. 📈 One can go for Swing Trade into Pharma stocks. 📊 Script: CIPLA ⏱️ C.M.P 📑💰- 1414 🟢 Target 🎯🏆 - 1510 📊 Script: LUPIN ⏱️ C.M.P 📑💰- 1688 ONLY ABOVE 1700 🟢 Target 🎯🏆 - 1828 📊 Script: AUROPHARMA ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 📊 Script: GLAND ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 📊 Script: BIOCON ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:CNXPHARMALong
by radha_23
A new wave began in BIOCON _35% upside The bio pharma company is on its way towards the 320 in a wave 3 structure according to the Elliot wave. That shall be a 35% jump from the CMP. The biologics major had set out an impressive impulse wave from march 2023 - Sep. 2023 and rallied around 45% during this period. Upon the completion of the wave 1 however the company slid down in wave 2 structure(Elliot wave zig zag in this case) and completed a crucial 61.8% retracement of the Wave 1 rise. The stock is making a move right from this crucial 61.8% retracement support level. The Wave 3 target is projected to be around 320 zone. It is also important to note that Biocon posted a 168% year-on-year rise in its consolidated net profit for the September quarter to Rs 126 crore. Biocon's revenues grew by 50% to Rs 3,462.3 crore. The results were declared on Friday after the market hours and the stock gained a little over 3% on Muhurat Day trading(Sunday evening). Note*- This chart is based on personal observations/opinions. Please do your own research/analysis before making any financial decisions.
NSE:BIOCONLong
by neeraj_2_sharma
Biocon right now is stagnant, still a long term investment idea.Biocon Ltd. CMP – 249.30 (Long Term Investment Idea) (But can be frustratingly slow moving and stagnant) Market Capitalization Rs 29,931Cr Red Flags:🟥 High Valuation (P.E. = 60.1) FIIs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Improving cash from operations annual Previous Happy Candles Number – 53/100 New Happy Candles Number – 58/100 X/2 Fresh Entry/ averaging / compounding after closing above 251 Final Entry 258 Targets: 264 Long term target: 274 Stop loss: Closing below 220 The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:BIOCONLong
by Happy_Candles_Investment
#PANACEABIO 165 Buy Recommended- Rachit Sethia PANACEABIO 165 NSE:PANACEABIO TARGET 225 SL 135 Return 36% TIME FRAME < 6 Months RR > 2 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:PANACEABIOLong
by Rachit_Sethia
2
BIOCON : Near weekly supportBIOCON 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 purpose only Please consult with your Financial advisor before trading or investing I may be 100% wrong as its my personal trade. First Learn and then remove "L"
NSE:BIOCON
by ChartsSpecialist
RSI BULLISH DIVERGENCE Near SUPPORT !!!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 Bullish Divergence On Weekly chart✅ 👉🏻TGT------ 243/258/280++ ✅ 👉🏻Low Risk High Reward Setup🎯 👉🏻Add To Your Watchlist✅✅ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
NSE:BIOCONLong
by Jha_Nidhi
1