Should you go long from here ?


Biocon at suppply demand conversion zone (215-225)

On 4 dec 2017 , there is huge gap up, sustain and moved up. After a period of 19 months price again came near gap up spot and acted as demand zone.

Again Feb 2023, price came back at spot {gap up} , again acted as demand zone.

So, the question is , should go long or not ? decide it on own

Dont forget to keep A Stop Loss

Chart PatternsDemand ZonegapupgapupsupportTrend AnalysisWave Analysis

Penafian