NeeteshJain

Biocon Short Setup (Double Top)

Corto
NeeteshJain Actualizado   
NSE:BIOCON   BIOCON LTD
5
It is been observed that price action failing to breach 970 levels due to selling pressure that limiting the price action to 970 levels where we could see a double top. Now it is a good time to short it with stoploss at 970 levels.

It is also observed that the price action is forming a diagonal on daily chart, where breakout is expected.

Target: 935
Target 2: 920
Stoploss: 970

Operación activa:
Targets nearing, be ready. Regards
Operación activa:
Trade changes to double top to triple top to Ascending Triangle, interesting to look how market changes shapes with time.
Operación cerrada: objetivo alcanzado:
Biocon Targets reached successfully, did perform well. Regards
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.