BIOCON LIMITED.
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Will it break the long run trendline on Biocon ?

Symmetric triangle and as well long run trend line formed in Biocon and its seems to break on downside with the confirmation of MACD bearish crossover on bearish trend. As I explained about the symmetric triangle on previous chart (which is pasted the chart URL below). But on this chart, price may break on down side because of the trend indicators on bearish.

Trade:
Short below - 329.25
Target 1 - 323.50
Target 2 - 318.50
Stop Loss - 334

Note - Not for Day trade, hold for 2 to 3 days on short side.
交易進行
交易進行
Target 1 -323.50 achieved
交易進行
Price made almost near to Target 2 Today.
手動結束交易
TSL 323.50 hit so closing my chart.. hope you all enjoy the profit

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