Biocon at resistance - make or break ?

2017年9月18日

Detailed in chart.
If invested then stay long with caution
New investment only after 160

2017年9月19日

交易开始

Double breakout. Broke resistance of 358 and well as 365.
Next target 375

2017年9月25日

注释

If you are still holding, maintain 336 as strict SL. Stock may take the support from here and boom but I see more chances of going sideways or breaking the support

2017年9月26日

注释

Biocon make a false breakout and then can back.
If you're still holding, like me, maintain the SL. I do expect strong movement before expiry. This movement can be in negative direction

2017年9月27日

注释

Still keeping the support. It has very boring stock. No movement since long.
Since I did hedge on it I'll quite happy if it falls. Let's see
Trade with SL

2017年10月5日

交易结束：到达止损

Biocon is again moving towards 360 level. But it broke our SL before that.

Loss we made assuming that you the SL of 336 instead of original 348 -> 357 - 336 = 21

If you traded in 1 lot your loss is -> 21 * 1800 = 37800