Biocon, many supply zone inside weekly low and origin-wait watchBiocon, 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
BIOCON
#GUFICBIO #ZYDUSWELL #FORTIS #AARTIDRUGS #ALKEM #GLAND #BIOCON #GUFICBIO
NSE: GUFICBIO
CMP: 227
TP: 270
SL: 205
TF: <6m
RR > ~2 times
Return > 18%
GUFICBIO THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE
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
#DIVISLAB #TORNTPHARM #ALKEM #AUROPHARMA #BIOCON #LUPIN #CIPLA #DIVISLAB
NSE: DIVISLAB
CMP: 3498
TP: 4200
SL: 3300
TF: <6m
RR > ~3.4 times
Return > 20%
THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE
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
#BIOCON #LUPIN #DIVISLAB #ALKEM #IPCALAB #GRANULES #AUROPHARMA#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 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
Long Term Investment Idea Biocom forming a Double Bottom. 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 above 278 closing.
X/3 Entry above 295 losing.
Final X/3 Entry above 308 closing.
Targets: 319 and 335.
Long term targets: 350.
Stop loss: Closing below 255.
#GLENMARK #SANOFI #PFIZER #BPLPHARMA #MARKSANS #BIOCON #GRANULES#GLENMARK
NSE: GLENMARK
CMP: 440
TP: 515
SL: 400
TF: <6m
RR > 2 times
Return > 17%
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 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
LOW RISK HIGH REWARD IDEA BIOCONAs 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 learning. Thanks.
BIOCON ShortTerm Positional upside ideaNSE: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.
SYNGENE INTERNATIONALHello and welcome to this analysis
Syngene has activated a Bullish Harmonic Gartley in daily time frame today.
It could bounce back to 560-570 as long as its above 531
Good risk reward set up at the current level
Happy Investing
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
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.
#aplltd #alembic #cipla #lauruslabs #biocon #granules #lupin #it#APLLTD
NSE:APLLTD
NSE:APLLTD
CMP: 725
Target: 815
SL: 700
RR > 3
TF < 3 months
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
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 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.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BIOCON - IntradayEntry 398
Stop Loss 394
Target 406
Plan of Action
Trade with 250 shares
RISK : REWARD Ratio 1 : 2.00
Profit
(Pre brokerage) 2000
Loss
(Pre brokerage) 1000
Purely for intraday only.
Please trade after thorough study.
This article is for education purpose only.
BioconBreakout in Biocon, despite the selling pressure it was holding strong. Add it in your watchlist for tomorrow.
Biocon Breakout on big timeframe Biocon Breakout on the big timeframe
Biocon Breakout on big timeframe
Biocon Breakout on the big timeframe
BIOCONNSE:BIOCON
rectangle pattern breakout and 200 ema/dma breakout
best time to enter for swing trade /intraday
for the short target of 388,394
with stop-loss 351
use retest method
plz do ur own analysis before taking trade.
BIOCON- Breaking after resultsChart has formed a doublebottom pattern and in verge of breakout with huge volumes, Entry above 378 with Stoploss 350
"Long BIOCON above 380 "Falling trendline breakout with increasing volume
Biocon looking bullish if it close above 380 ,wait for closing ,
looks good for target of 420,480
