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deep3390
24 nov. 2021 05:03

Biocon || Possible Long Opportunity Long

NSE:BIOCON1W
BIOCON LTDNSE

Description

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It is forming good technicals. There may be a long opportunity in near future. Keep an eye!
Chart PatternsLONGpositiveswingtradingTechnical Analysis
Commentaires
StockWhizzer
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What's year end target 390-410?
deep3390
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@StockWhizzer, in case of a successful breakout, it can go upto 425. Though It hasn't broken out yet. wait for the breakout.
StockWhizzer
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Not letting it beyond 370, multiple attempts now, 320 again soon?
deep3390
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@StockWhizzer, possible if candle convincingly closes below 200ema (hourly time frame). though there is a good support zone around 350-355.
StockWhizzer
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Is this a good closing or again back to 355 tomm?
deep3390
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@StockWhizzer, seems like a good closing. though 200ema is acting as a resistance (daily time frame).
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