BIOCON
Has been slipping since a level of 300 in May 2019.
The chart looks like consolidating in the past few sessions
Overall structure is still quite weak. It is way below its 200 dma
A short term rally can be expected abv 235 towards 250 and one can keep stops at 222
But positional traders can avoid it for medium term play till a more robust chart structure is evident.
The chart looks like consolidating in the past few sessions
Overall structure is still quite weak. It is way below its 200 dma
A short term rally can be expected abv 235 towards 250 and one can keep stops at 222
But positional traders can avoid it for medium term play till a more robust chart structure is evident.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.