Biocon can be long
Biocon has been in corrected since Dec'20 and now its time to start accumulating it. As it looks like correction has completed.
Target 1 = 426
Target 2 = 488
RSI is ~50 and we can see positive momentum coming in soon.
RSI = 70 could also be taken as target bcoz since long time, we have not seen RSI >70 and stock reverse back after this point.
20 and 50 EMA's are supporting price on both Daily and Weekly timeframe.
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
Target 1 = 426
Target 2 = 488
RSI is ~50 and we can see positive momentum coming in soon.
RSI = 70 could also be taken as target bcoz since long time, we have not seen RSI >70 and stock reverse back after this point.
20 and 50 EMA's are supporting price on both Daily and Weekly timeframe.
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.