BIOCON trade ideas
BIOCONA range-bound market is one in which price bounces in between a specific high price and a low price.
The high price acts as a major resistance level in which price can’t seem to break through.
Likewise, the low price acts as a major support level in which price can’t seem to break as well.
BIOCONIt has been consolidating for last few days, need to look out for the ranges and levels mentioned.
bicon 15th june 2020Please do ur own analysis before trade.
This is only for education purpose
biocon my tgt
buy above 385 tgt-up to 400
sell below 384.10 tgt-up to 370
Long Term Picture of Biocon - A really BullHey everyone,
Biocon is still a good buy 350-365 range for Long term Investment. Target should be 520 in the year 2020. Stock Momentum is good in upside and can be considered to add in any Portfolio.
Bicone gave more than 27 points today !!Today Bicone formed a nice ascending triangle pattern. Profit made.
LONGACCUMULATE BIOCON IN THE RANGE OF 319-322
WITH IMMEDIATE TARGET PRICE OF 350
TRAIL STOPLOSS ACCORDINGLY
360-365 IS BIG HURDLE IF IT BREAK THIS LEVEL
WITH GOOD VOLUME ANOTHER TARGET IS 410-420
ONLY FOR SWING TRADERS
BIOCON HAS TO BREAK 366 FOR ANY UPSIDE SIDEWAYS TREND AND ANY UPSIDE WILL BE POSSIBLE ABOVE 366 / 370 LEVELS
KEEP IN WATCH LIST
CUP AND HANDLE PATTERN HELLO GUYS..
MIGHT HAVE EARNED LOTS OF IN LAST ANALYSIS..
AGAIN I HAVE COME UP WITH ONE MORE PATTERN ,CUP AND HANDLE..ITS A BULISH PATTERN AND IT HAS RETESTED ITS BROKEN RESISTANCE SO NOW IT WILL WORK AS A SUPPORT...ALL THE BEST ..
Biocon looking bullish on Chart and ready for RocketBiocon looking Bullish on Chart. Good time for making Long position on it.
1. Elliot Wave 2, just completed its retracement by 0.5 of Wave 1.
2.Elliot 3 Wave is also started.
3. Prince action is under Ascending Traingle pattern.
4. Higher low, lower low in price action and Lower Low, Lower Low in RSI confirm the Trend Continuation.
Levels can be taken from Fibonacci, placed in chart.
Swing longFor last 18 days it is in range.
367.8 is all time high.
can enter long if the top trend line is broken
Bearish Gartley Pattern on BioconCompletion on Bearish Gartley Formation
One Should look forward to short the biocon for the targets shown on chart.
Stop will above X Point as metioned in chart.
Invert shoulder pattern at Biocon Time frame: 5 min to 1 Hr
short term reliability
closed of the position at 271.40rs
confirmations are daily pivot 1st resistance break out, channel breakout, neck line break out and volume surge
first target was 280
