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.
BAYERCROP has shown an ascending triangular movement over the last week.
The last daily timeframe candle has tried to move down but shown a rejection of lower levels.
Breakout can be traded at the break of the previous high @ 5451 with a target @ 5584.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.