Biocon is trading above 200 ema on multi time frame
As marked it has consolidated for last few days suggesting accumulation phase. Any confirmation of price action on upper side will give good risk to reward trade.
This is only a chart analysis not a recommendation to buy or sell. Please consult your financial advisor before buying or selling.
As marked it has consolidated for last few days suggesting accumulation phase. Any confirmation of price action on upper side will give good risk to reward trade.
This is only a chart analysis not a recommendation to buy or sell. Please consult your financial advisor before buying or selling.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.