Bayer CropScience is in a channel and can see more downside in coming month. Its a Three drives pattern and if it follows then the Long target is 6794 On downside 3800 seems possible target. Support and resistance are marked on chart.
Look fresh in range 5400-5600 for upside 7000-8000 med to long term with SL 4990..
Bayer Cropscience hit fresh lifetime high last week and is trading above a strong support band. After a minor correction, the stock bounced from ₹5,900-mark. It is likely to move up further and hit higher highs.
I took a pilot position at 5200 and I will be looking to add at minor corrections Technicals: stock quickly recovered from recent COVID-19 crash lows. it didn't break the previous low made Aug 2019. Broke out an exceptionally high volume and has been consolidating its gains. Fundamentals: This exceptional rise in OPM has lifted the profits to the highest level...
NSE:BAYERCROP Price above Kijun Cloud greeen Time to go long.