JMvalueinvest

Bayer Crop - Agri stock at good support, Buy for 10-15% upside

Long
NSE:BAYERCROP   BAYER CROPSCIENCE
Bayer cropscience has corrected and is at the trendline support of its current rally. A good level to Buy for 10-15% upside, especally given that Agri and Rural theme is the flavor of the market

Comments

It can give a breakdown also as it is forming a rising flag pattern
Reply
JMvalueinvest saurabh2y
@saurabh2y, I agree that at critical levels, there are equal chances of breakout and breakdown. But, also look at the sector limelight and the outlook. Given that there is all round positive news flows, it has higher probability of breakout than breakdown.

Thanks.
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