Biocon - Levels valid till 1st June 2018

Wave-III (based on daily/weekly charts) seems to be in progress.

Sl & Targets - use the probability range levels (blue/yellow lines) or the Fibonacci levels (white lines)

코멘트:

Closed my trade @682 (futures price)... good profits...

코멘트:

Notice that my customised probability range levels are quite accurate. I have successfully traded using these for both indices and stocks.

코멘트:

The 676.1 probability level is providing some resistance

코멘트:

The range levels I calculated seem to have worked out very accurately. I think they are still valid for this week. Press the button and check.

코멘트:

Tweezer Bottom candle pattern seems to be forming. This could indicate that an uptrend is probable.

코멘트:

Click on button and check. You may have to adjust the zoom factor

코멘트:

Tweezer Bottom on daily chart confirmed. Might be a good long trade.

코멘트:

Those who went long after my last update above will have made about 20000-30000 rupees in the futures market if closed on market open.

코멘트:

I deeply suspect this is a clear example of insider trading by the big players. This huge drop on a day of good news is typical of how big players use and trap retail traders for huge profits.

I got out of my long position within the first few seconds of market opening today because I suspected this.

코멘트:

Despite the manipulations, notice that my probability range levels were still respected. I made profits based on these levels which are result of an ongoing data analytics research project I am doing.

Press button and adjust the zoom levels to check how accurate my levels were.

코멘트:

Taken a Long position with tight SL

액티브 트레이드:

About 13 points gain per lot till now in futures. Lot size in Biocon is 900.

매매 수동청산:

Closed for 20 points gain per lot in futures. I loved this trade.

코멘트:

Fresh Long position taken... 6+ points gain per lot

매매 수동청산:

Closed for 7 points gain... total approx. 26 points gains per lot.

코멘트:

June 16th: Range levels are still valid for some days