BIOCON- A perfect entry and high Reward setup

10 ม.ค. 2024

After Dec 2020, the breakout on following fronts are observed.
1. Falling Wedge breakout
2. W pattern breakout.
3. High volume spikes at breakout
What makes it a buy at current levels is its retest and hold in falling market.

This is for educational purpose.
Targets are mentioned in chart itself.

13 ก.พ. 2024

บันทึก

Lesson learnt: Keep away from Biocon and Crompton.
They look like highly manipulated and donot follow technicals and fundamentals.

Trade wisely.