bayer cropscience 1w time frame channel breakout buy @ 5305 target @ 5822, 5999, 6082 risk reward 1:5 its just a view trade @ your own risk sl@4769
find the pattern hidden. I am not going to personally entertain this trade as I am bullish with it sector but if you think you have a similar analysis show up.
given good trend line break out resistance shown as per trend lines. RSI above 60 daily , monthly, weekly
Results are good.. stock witnessed a good breakout with volume... sound fundamentals... now above the support.. can buy for good returns in one year+ horizon
Looking good as the Monthly MACD crossover is also being happened with huge volumes Monthly 20 over 50 crossover is about to happen Monthly candle BO the important gann levels at 4648( stop less should be below this level based on your risk appetite)
NSE:BAYERCROP focus on CHEMICAL SECTOR, Bayercrop is in STAGE 2, continuous breakout. Trade at your own risk, educational purpose only.
Channel pattern breakout- Buy Only Weekly candle closing above trendline 9% Risk , 23% Profit
Reaon for long a) Consolidation breakout b) super trend long c) QQE long d) Renko long SL compulsory
Reason for long a) HSP set up b) vwap support c) wkly breakout possible SL compulsory
Has been range bound in 4200-5700 for 2 yrs Plan ahead => could consider to Buy above 5500 and/ or Rejections near 4200 PB 8x PE 30x ROCE 32% DivYld 3%
As you offen seen this chart formation in many ways. Its called symetrical triangle chart pattern in this chart when price broke it goes too far. As one can add it to watching and wait for breakout . Aggressive one can add it at 4537 price with SL 4300 and target 4800,5097, 5300. As you all know patience is the key of success. So be patience and wait
stock at confluence support of yellow channel,S1 PP and 200 WMA....Looks a good buy
keep in watchlist and analysis the stock, already price moved up from this support line
Please note...200 DMA of 17000 above this we are in BULLISH ZONE..(Not bearish zone ..sorry for verbal typo )
Entry Price 4616.65 Target Price 5271.25
Good potential to move up Now trading above 200 EMA on daily chart Took support near 4500 Consolidated between 4650-4780 before moving up Now again Consolidating between 4970 to 5180 Moving in upside channel Buy near 5000 - 5050 SL 4900 TGT 5420 - 5593 - 5748 - 5998 - 6358 Please do correlate by yourself also on charts. This is for paper trading and...
The stock had created good short-term support on the daily chart. Though it has strong resistance around 5000 levels, so it might move in a range for while. Above 5000, it can move fast towards 5200-5300 levels.
BAYERCROP Stock. EMA 10, EMA 20, and Trend Line have a positive slope. And a bullish pin bar formed.