Biocon SHORT Pennant pattern.

١٦ مايو ٢٠١٧

The stock has formed perfect pennant pattern and gave breakout with gap and good volume. It is trading below the trend line clearly telling more weakness in coming days. One can short the stock for a target of below 925.

٢٣ مايو ٢٠١٧

تم فتح الصفقة

Trade is doing well and moving towards the target as expected.

٢٤ مايو ٢٠١٧

أغلقت الصفقة: تم الوصول للهدف

Closed the trade on target.