Biocon

closed below 200 MA on daily
testing weekly chart trend line(blue) managing to keep above the trend line so far

found support at 78.6% important fib levels

long (positional):
above 625

if further selling comes as the may test 560-570 levels (pink line:monthly support)
which may be a better buy on dips


weekly:
ICHIMOKU BUY SIGNAL

daily:
short below 600 to fib levels
and daily support(red line)
tenkan below kijun cross
chikou below kumo

long above 618 to 628 odd levels

Trade chiuso: obiettivo raggiunto