BIOCON SHORT

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HOURLY CHART OF BIOCON SHOWS HIGH SPREADS WITH HIGH VOLUME AND IS HEADING TOWARDS THE SUPPORT
A BREAK OF THE SUPPORT ON THE HOURLY CHART WILL LEAD TO GAP FILLING
TARGET - 290
STOPLOSS - 370
Note
AN HOURLY CLOSE BELOW THE SUPPORT ON FRIDAY HAS BEEN GIVEN
WAIT FOR THE SITUATION TO UNFOLD...!!!
STAY ON YOUR TOES MIGHT TEST THE SUPPORT AND THEN BOOOM NICHE.....!!!
Note
THE STOCK IS MOVING UP ON LOW VOLUMES
WAIT FOR A TEST OF THE RESISTANCE AND THEN ENTER WITH CONVICTION
TRADING IS BEST DONE WITH AN EAGLE EYE AND NOT LIKE A RABBIT WHICH HOPS ALL OVER THE PLACE
STAY ON COURSE YOU MIGHT GET A GOOD SETUP
Chart PatternsTrend Analysis

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