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Double bottom formed with high volume and prior bearish trend
Long position created with risk:reward 1:1
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Stock Ticker – NSE: BIOCON – Biocon Ltd. – PHARMA
Bullish Trade plan:
Entry Level 240 Target 264 Stoploss 213
Analyst Rating – :4/5
View Posted on 2019-10-10
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Nice analysis. Thanks for posting.
Thank you
Hi,
Need a high volume to confirm the trend reversal… If a stock trading volume is high, there is a very good chance that this rise will be sustained.
Thank you for the input. Duly noted.