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
biocon 1. a type of channel is forming 2.going to test trend line (green) 3. bulish upto green trend line 4. if it breaks go for long again
biocon can be stabilizing but shorting at high is the best option we have , RSI may be showing oversold jone but it can stay oversold for longer than bulls look like anticipating.
BIOCON Buy- Above 395 SL- 380 Target 410 420 430 Duration- 10-15 Days Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us Like Us Share with fellow traders Also check the below related ideas for other stocks.
All the key levels are mentioned in chart with Stop-loss and Targets Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
BIOCON is constantly testing it's resistance level of 423 since it's breakdown of 22nd Jan so any closing of 15 mins candle above 425 will be a massive breakout signal both for intraday and swing traders and it can easily go up for a gap filling. Intraday traders can easily target 1-2% above 425 level. It's a perfect trade since NIFTYPHARMA was seen bullish in...
Biocon buy above 398 tgt 403/408/411 SL 393.3 Learning and educational purposes only
For positional Trade : Currently trading in channel range & taking retracement support at fib 50% retracement Good Risk to reward ratio R-429/448/463 S-418/413/407 (No entry zone-417-424) Disclaimer: I am not SEBI Registered ,This is just my own view.
This analysis is purely based on Price Action & Chart Patterns. Image is self-explanatory with both logic & trade-strategy. Trade can last up to a couple of days to few weeks depending on the price behaviour. *Kindly do your own research & then enter in any trade at your own risk* Pls comment for any query or suggestion.
Biocon on Sell, nearest target and support 414, if it crosses it can touch 402 levels
BIOCON has seen a range breakout in yesterday's session and today we are also seeing follow through and sustaining above 390 levels can take stock to 413, 435 and 450 levels. Any dip in the stock ,can be a good opportunity to enter the stock. Note :Higher time frame are also in alignment with this trade -setup Do not follow blindly, please do your own research.