Biocon at resistance - make or break ?

18 sept 2017

Detailed in chart.
If invested then stay long with caution
New investment only after 160

19 sept 2017

Operación activa

Double breakout. Broke resistance of 358 and well as 365.
Next target 375

25 sept 2017

Nota

If you are still holding, maintain 336 as strict SL. Stock may take the support from here and boom but I see more chances of going sideways or breaking the support

26 sept 2017

Nota

Biocon make a false breakout and then can back.
If you're still holding, like me, maintain the SL. I do expect strong movement before expiry. This movement can be in negative direction

27 sept 2017

Nota

Still keeping the support. It has very boring stock. No movement since long.
Since I did hedge on it I'll quite happy if it falls. Let's see
Trade with SL

5 oct 2017

Operación cerrada: precio stop alcanzado

Biocon is again moving towards 360 level. But it broke our SL before that.

Loss we made assuming that you the SL of 336 instead of original 348 -> 357 - 336 = 21

If you traded in 1 lot your loss is -> 21 * 1800 = 37800