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biocon

Discussion in 'Technical Analysis' started by shwetagnema, Oct 8, 2013.

  1. shwetagnema

    shwetagnema Active Member

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    time to buy it? W pattern......after crossing its' earlier up i.e. 342.5. it has been above this level throughout the day yesterday. sl 325, target 360
     
  2. shabbir

    shabbir Administrator Staff Member

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    I don't see a W but yes pin bar at 320 but then reverse pin at 340 as well and so I don't think there is clear trend in the stock still breakout above 360 would be good entry point.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I am not convinced with ROI, sorry.