BIOCON- A perfect entry and high Reward setup

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

Trade wisely.
Chart PatternsTrend Analysis

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