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kalyanganguly

BIOCON - Ascending triangle bullish breakout

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BIOCON LTD (NSE:BIOCON)  
kalyanganguly  
NSE:BIOCON   BIOCON LTD
Trend Analysis Chart Patterns Technical Indicators BIOCON bioconlong bioconltd bioconanalysis biocontrading
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trendanalysis chartpattern indicator biocon bioconlong bioconltd bioconanalysis biocontrading
Note: This is for educational purpose only.

There seems to be an ascending triangle bullish breakout with good volume (not too high). There seems to be a similar breakout in the RSI as well. RSI is 54 which is in neutral zone. As per the chart it seems that the bulls are back in control post a substantial push from bears.
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