Wednesday 19 November 2014

Biocon Buy

UPDATE 21.11.2014
FIRST TARGET ACHIVED AT 460.90 MODIFY SL AT 445 NEXT TARGET IS 473.90

Period 2 week
CMP 449

Entry Level 448
Stop Loss 434
Target 1 462
Target 2 473
The stock has given breakout
from its downward moving
channel and now it looks to go
upside. Stock has made ‘Long
Green Candle’ after the form of
‘Bullish Engulfing Pattern’
indicating upside trend with
limited downside risk. Stochastic
Oscillator has also crossover in
positive trend indicating upside
movement along with increase in
volume. 10day SMA and 200day
SMA is stood at 445.90 and 461.90. We
can see stock to go up till 460.90-
473.90 once it goes and close above
450.10 with limited downside risk.


WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

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