BIOCON trade ideas
Biocon - Bearish WolfewaveBiocon forming bearish wolfewave also a prz above at 420... A good RR candidate...
Biocon all set for a gap fillingBIOCON 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 last trading session.
Also, lockdown fear can be seen in market and we all know that whenever index (NIFTY) goes bearish, NIFTYPHARMA is the only sector that dominates the market so keep a close eye on this script and follow the rules strictly before entering in a trade.
*Only for educational purpose*
Biocon - BullishBiocon CMP - 414.25 *High Probability*
Looking bullish in higher time frame. One can go for Intraday / Swing Trade Setup with the following entry, exit & targets.
*Buy* Range 411 - 415 / Stop Loss 409
Target 1 - 418
Target 2 - 421
Target 3 - 424
Swing Target - 440
Disclaimer: This is my view and for educational purpose only.
Biocon Breakout Pattern Book 7% Profit This is a beautiful triangle pattern giving a upwards breakout, so you can make a 7% profit.
Biocon - Intraday Trade SetupBiocon CMP - 408.45
Looking bullish in higher time frame. One can go for Intraday / Swing Trade Setup with the following entry, exit & targets.
*Buy* At or Above 410 / Stop Loss 401
Target 1 - 414
Target 2 - 417
Target 3 - 420
Disclaimer: This is my view and for educational purpose only.
buy bioconbiocon has given breakout in 60min chart. we may see 425-430 levels till the time it holds 398 levels
Biocon Biocon at support, earlier b/o (short term) zone. May cross 400-404 coming days. Rsi + divergence on hourly
Intraday level of bioconBiocon buy above 398 tgt 403/408/411 SL 393.3
Learning and educational purposes only
In range bound, Break out possibleAfter an uptrend this is consolidating since long time. When it breaks out it will move very quick.
Please research before entering
After breakout consolidation going onThis is moving in range after breakout and on upper side there is huge gap which it will fill as soon as it breaks out. Over all this stock is seems bullish.
Trade with caution. Imp levels has been marked.
