BIOCON trade ideas
BIOCON - Looking weak - Short tradeBiocon is looking weak and forming M patten.
Possible lower low formation again - watch it for short trade oppertunity
Biocon - BULLISH FLAGBiocon has bullish flag pattern but might face resistance between 428 to 441 as this is supply zone at daily chart and it need to be broken for lifetime high.472.45 is first target ... It might reverse and test demand zone which is at 412 ,418 is daily support. Safe trader can buy above 441 or can buy till 412.
BIOCONLET THIS CROSS 447 AND STAY, THEN WE ARE SEEING 464 ON UPSIDE....
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
Biocon - Intraday Trade SetupBiocon CMP – 462.65
Looking bullish . One can go for Intraday / Swing trade with the following entry, exit & targets
Buy ONLY between 468 - 470 / Stop Loss 461
Target 1 - 472
Target 2 - 475
Target 3 – 480 / 490
Note: This is my view and for educational purpose only
Bullish Signal in BIOCON - Short-term swingThis 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.
BIOCONITS A REPEAT OF CHART GIVEN ON 15TH AND 21ST SEPTEMBER
LETS SEE IF IT TURNS OUR WAY THE THIRD TIME
KEEP ON RADAR, ITS GONNA TRY OUT NEW LEVELS
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
BIOCON:NSE - BULLISH FOR LONG -WITH CUP & HANDLE PATTERNWeekly chart shows very bullish from march this Year, Entry @ Rs 256 march 2020, I believe BIOCON will cross 800 by next March-April-2021.
BIOCONNSE:BIOCON
EXPECT CONSOLIDATION IN PHARMA SECTOR TO END ,BIOCON EXPECTED TO GIVE GOOD MOVE
BUY RIGHT SIT TIGHT
IF BREAK 402 LEVEL BUY CANDIATE ON PULL BACK
IN RED PATTERN STOCK IS EXPECTED TO MOVE
PALAT TRADE
SL SHOULD BE CLOSING BELOW RED LINE
VIEWS INVITED
BIOCON - REPEAT OF 15TH SEPTEMBER CHARTLET IS SUSTAIN ABOVE 447 FOR SOMETIME, AND IF IT DOES, IT WILL FLY FROM THERE IN NEW TERRITORY......
NEED TO DECIDE OR KEEP A CAP ON YOUR TARGET AS NO LEVELS AVAILABLE ON UPSIDE
IF IT DOES NOT CROSS, IT MIGHT REVERT BACK TO 434 AND 425
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
Biocon Bullish WaveBiocon is at crucial level when compared to nifty. If the ratio breaks it immediate resistance and gives weekly closing above, the wave may may enter in to the small correction and extend finally in Wave 5 with the target around 670.
Momentum indicator has given advance crossover for the bullish signal as shown at top.
