Bayer Cropscience:₹4079 at trendline support. Res:₹4300

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Bayer Cropscience:₹4079 is currently trading at trend line support level
Res:₹4300 & ₹4580 Stop:₹3960

The latest quarter is improved in a better way.
Comment: Couldn't cross the first Resistance4300
@padiyaraa ,looks good in weekly also, it is at channel support.
padiyaraa ParamjitMahapatro
POSITIVE = Bullish RSI Cross up 30.
NEGATIVE = Bearish 50 Day MA Cross Down 100 Day MA

Should we entry at this time?
padiyaraa BellMorgan
@BellMorgan, SMA 100 is at 4480 and the SMA50 is at 4475, since we are at a support level ,we hope that it can turn from here around.
High volatility made the scrip to make the golden cross frequently these days. Means, this is the 5th crossing in the past 2years, while it maintain the uptrend.

The trends is our friend and a definite stop loss will take care the rescue .
+1 Reply
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