🚀 Biocon: Heading for All-Time High? 🚀
📉 CMP: ₹390
🔒 Stop Loss: ₹330
🎯 Targets: ₹428 | ₹478 | ₹560
🔍 Why Biocon Looks Promising?
✅ Weekly Rounding Bottom Breakout: Breakout triggered above ₹390
✅ Weekly Box Breakout: Confirmation above ₹398 strengthens the setup
✅ Final Confirmation: A weekly close above ₹402 will validate the breakout for a potential strong upside
💡 Strategy & Risk Management:
📈 Phased Entry: Build positions gradually post confirmation to manage risk effectively
🔒 Strict SL: Maintain stop loss at ₹330 to protect capital in case of reversal
📍 Outlook: Biocon is showing strong technical signals with an all-time high on the radar, making it a compelling positional trade setup.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#Biocon #PharmaStocks #TechnicalBreakout #AllTimeHigh #SwingTrading #StockMarket #InvestmentOpportunities
📉 CMP: ₹390
🔒 Stop Loss: ₹330
🎯 Targets: ₹428 | ₹478 | ₹560
🔍 Why Biocon Looks Promising?
✅ Weekly Rounding Bottom Breakout: Breakout triggered above ₹390
✅ Weekly Box Breakout: Confirmation above ₹398 strengthens the setup
✅ Final Confirmation: A weekly close above ₹402 will validate the breakout for a potential strong upside
💡 Strategy & Risk Management:
📈 Phased Entry: Build positions gradually post confirmation to manage risk effectively
🔒 Strict SL: Maintain stop loss at ₹330 to protect capital in case of reversal
📍 Outlook: Biocon is showing strong technical signals with an all-time high on the radar, making it a compelling positional trade setup.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#Biocon #PharmaStocks #TechnicalBreakout #AllTimeHigh #SwingTrading #StockMarket #InvestmentOpportunities
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.