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Biocon

Discussion in 'Technical Analysis' started by sujan4bw, Aug 26, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi Shabbir,

    Biocon has formed rounding bottom (U turn) and ascending triangle pattern after long consolidation, I think entry above 256 can lead to 280.

    Please correct me If I,m wrong.

    Regards
    Sujan
     

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    Last edited: Aug 26, 2012
  2. shabbir

    shabbir Administrator Staff Member

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    You are absolutely right.
     
  3. sujan4bw

    sujan4bw Member

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    Thx Shabbir. Shall we consider Biocon for investment purpose ?
     
  4. shabbir

    shabbir Administrator Staff Member

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    We have better stocks hitting all time highs for investments and so I don't think that way.
     
  5. sujan4bw

    sujan4bw Member

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    Today there is breakout of previous high 256 which was on on 26-07-12.
     
  6. tarak_desai

    tarak_desai New Member

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    Sujan, just curious.

    Out of your last 10 trades, how many hit stop loss? just wanted to know success ratio and how long you have been trading seeing such graphs ?
     
  7. sujan4bw

    sujan4bw Member

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    Hi Tarak,

    sorry for late reply, I was on vacation. Please find my recommendations.

     
  8. tarak_desai

    tarak_desai New Member

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    Hi Sujan,

    I just was curous on success ratio.

    Thanks for the trade list, it seems its amazing 90%+. Great going.

    Thanks
     
  9. shabbir

    shabbir Administrator Staff Member

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    Yes really nice list and great success ratio as well Sujan.
     
  10. sujan4bw

    sujan4bw Member

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    Thx shabbir and I have acheived it by reading your well explained e book.
     
  11. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
  12. sujan4bw

    sujan4bw Member

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    Biocon is looking good......its target is 290. It is trading at 275.
     
  13. verenmitter2001

    verenmitter2001 Member

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    Occupation:
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    Hi Sujan
    Good work buddy.
    We all are inspired seeing your success ratio. Keep up the good work.

    Not to forget , Thanks Shabbir for giving us all a podium and guiding eBook to get wiser in our Trades.

    Regards
    Veren
     
  14. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine Veren
     
  15. sujan4bw

    sujan4bw Member

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    Biocon close to my target 290.....today high is 287
     
  16. shabbir

    shabbir Administrator Staff Member

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    Impeccable.
     
  17. verenmitter2001

    verenmitter2001 Member

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    Occupation:
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    Perfect !!!
    Sujan do also tell us hoe are you analysing the stock.
    It would learning for us.

    Keep up the good . You have impressed us all.

    Regards
    Veren
     
  18. sujan4bw

    sujan4bw Member

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    Veren, Im not putting any extra effort other than what is mentioned in Shabbir's e book.
     
  19. sujan4bw

    sujan4bw Member

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    Biocon is trading at 300. Breakout pattern.
     
  20. shabbir

    shabbir Administrator Staff Member

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    :policeman: