BIOCON

٣٠ أغسطس ٢٠٢٢

Hello and welcome to this analysis

BIOCON which has been in a downtrend for a very long time now has given a mega reversal signal via an ABANDONED BABY BOTTOM

Abandoned Baby Bottom reversal are similar to Island Reversals, where the isolated candle is formed with a gap down preceding it and a gap up succeeding it.

This could now rally till 320-340 where it meets falling trend line resistance. The structure would be considered wrong if it breaks 298

٧ سبتمبر ٢٠٢٢

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