Biocon at resistance - make or break ?

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

Zlecenie aktywne:

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

Komentarz:

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

Komentarz:

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

Komentarz:

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

Transakcja zakończona: osiągnięto poziom stop:

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