yes absolutely, it is good as per market structure and exact reversible. my entry 291.30 and sl at 291 and target will be 597.65. Biocon going to boom with in 6 month or one year.
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...
this stock is near its trendline....but no sign of bearishness... if we want to go for short wait for the price to break the trendline and retest... A strong rise is observed from 235 levels.... if price breaks the trendline look for buy @235 zone.... Don't go for short side...
Biocon share complete Wave 1 daily time frame . and price come downside wave 2 . Wave 2 internal wave a,b,c complete or 0-b trendline breakout wave 3 start volume increase wave 3 target 300
BIOCON 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...
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...
48 PER broken the 14 year trend lchannel also the lower sloping 3 year ( red Channel)
As 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...
NSE: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.
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 320 Above Weekly Close Next Target 360 good for Swing Entry 320 above close
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...
Biocon 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...
Entry 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.
Falling trendline breakout with increasing volume Biocon looking bullish if it close above 380 ,wait for closing , looks good for target of 420,480
Have a good support in the trend line Down Trend line breakout For a target of 400 to 410 and s.l of 330-310
NSE:CADILAHC #CADILAHC reached to strong support level and trying to bounce. Sustainability may give good upside momentum. Post confirmation one can try 500 CE with a SL of 485