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Keep your eyes on BIOCON ... |
misscrore
White Belt
Joined: 11 Feb 2011
Posts: 40
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Post: #1  Posted: Mon Jul 23, 2012 9:38 pm Post subject: Keep your eyes on BIOCON ... |
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Biocon looks strong above 255. ... Above which it becomeS a buy on dip stock. ... Ill buy fr it to touch 400 ... Lets wait n watch ...
All views welcome ...   |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #2 Posted: Mon Jul 23, 2012 10:53 pm Post subject: |
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Let me post my view as well.  ....I agree with your view that 255 levels look important for the stock. In fact, I believe that the range 255-261 is pretty important for the stock. I dont expect that range to be broken this time. I expect the stock to test 200-195 or even 190 levels before going up again. I expect 231-233 range to give immediate support for the stock, below that 217-215 range will be tested. However, at levels around 200, this stock could be a steal. ....anyway, let's see how the stock behaves from here onwards.... |
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misscrore
White Belt
Joined: 11 Feb 2011
Posts: 40
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| Post: #3 Posted: Wed Jul 25, 2012 8:26 am Post subject: |
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| psalm wrote: | | Let me post my view as well. ....I agree with your view that 255 levels look important for the stock. In fact, I believe that the range 255-261 is pretty important for the stock. I dont expect that range to be broken this time. I expect the stock to test 200-195 or even 190 levels before going up again. I expect 231-233 range to give immediate support for the stock, below that 217-215 range will be tested. However, at levels around 200, this stock could be a steal. ....anyway, let's see how the stock behaves from here onwards.... |
Can't predict the moves it might have but 255 is the resistance for a big long term rally ... |
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ConMan
White Belt
Joined: 06 Aug 2008
Posts: 344
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| Post: #4 Posted: Fri Jul 27, 2012 3:51 pm Post subject: |
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Biocon promptly reversed near the levels mentioned ....
Awesome ... |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5 Posted: Fri Jul 27, 2012 3:56 pm Post subject: Re: Keep your eyes on BIOCON ... |
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| misscrore wrote: | Biocon looks strong above 255. ... Above which it becomeS a buy on dip stock. ... Ill buy fr it to touch 400 ... Lets wait n watch ...
All views welcome ... |
I second ConMan's view....that was a good call... |
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