Breaching Resistance Zone in BAYER CROPSCIENCE.
Updated
Recently in previous candle the resistance/supply zone has been breached/broke with a good hike in volume. Would suggest to go long at CMP or can go for buy on dip strategy till 5845 level. After being in a zone for a long time, Expecting a good Upside Movement till 6344 level, go long with the strict stop-loss of 5744 (only on candle closing below basis).
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
Trade active
entry zone has been hit. Can consider recent movement as a retest/backtesting/pullback phase/movement.Trade closed: stop reached
marking this trade as failure/stop reached. this trade didn't go as planned.
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