Saturday, April 28, 2012

BIOCON CMP 239.

BIOCON is correcting from top of 465 and has corrected up to 225 which is apprx 62% retracement of previous up move.
+ ve divergence is seen in daily as well as weekly charts in rsi.in current side ways and boring market stock can be added with stop loss on closing basis below 225 .

on closing above 250/260 zone it will become more stronger.
10.37 am 
28.04.2012
Posted by at

2 comments:

  1. GanpatApril 29, 2012

    I welcome your first post of 2012. You are right on dot in analysing Biocon.

    ReplyDelete
  2. PANKAJ SHAHMay 12, 2012

    closed below 225.

    ReplyDelete

Subscribe to: Post Comments (Atom)