Tuesday, 21 March 2017

BUY AGAIN BIOCON FUTURE FOR 22 MAR

AS predicted by US ,BIOCON  ACHIEVED TARGET EXACT 1150 GIVEN ON 14 MARCH POST
BUY GIVEN AT 1100
LOT SIZE: 600
 TOTAL PROFIT: 60000 IN JUST 2 LOT
BUY BIOCON ABOVE 1140 TGT 1160/1175 SL 1115
Primary trend of the BIOCON is bullish and after giving breakout of its MONTHLY PIVORT POINT range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1150 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 65, one may expect the targets of 1160/1180 in the stock if it manages to sustain above the immediate support level of 1100.
SENSEX, NIFTY END FLAT AFTER CHOPPY TRADE
Nifty ended 5 points or 0.1 per cent lower at 9,125., while the sensex also closed 33 points or 0.1 per cent lower at 29,485.In a volatile trading session, indices on Tuesday settled the day flat note.Technically, Indian Stock Market is still in positive zone. Market is expected to see short covering rally in upcoming days and traders are suggested to hold long positions as of now. Nifty would see reversal only if it closes below 9109 levels and until then traders should hold long positions or go long at every dip in the market.Nifty would see strong support at 9110-9097-9060-9020 whereas strong resistance would be seen at 9150-9180-9200-9218 levels.





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