BASF is making cup and handle pattern. We can expect price to move towards 4500+. Other factors: 1. MACD is becoming positive 2. RSI is above 60, showing bullish sign 3. Volume is steady "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
Cup pattern breakout on weekly chart. Followed with ascending channel pattern breakout.
Best Stock For Short Term Investment or Swing Trade Breaking All time high with Decent Delivery Volumes It May Retest Somewhat around 3800 and then give a decent rally upto 35% Disclaimer - Educational Purpose only we are not liable for any consequences
📊 DETAILS Sector: Pesticides & Agrochemicals Mkt Cap: 13,999 cr BASF India Ltd's portfolio consists of six segments: Agricultural Solutions, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and Chemicals. TTM PE : 39.44 (High PE) Sector PE : 17.32 Beta : 0.58 📚 INSIGHTS MC Insights PRO Stock with medium financial...
Bullish on chemical sector. one of the top performing stock. rounding bottom pattern. 40% upside possible in coming months.
In the Weekly Chart of BASF , we can see that, it has shown a strong bullish momentum. It might retest the 3500 levels to take a halt. Expected momentums are shown in chart.
H&S breakout confirmed and coming down for correction look for buy at lows,this stock has 30% target from CMP
Breakout in Basf India Limited with very high volume in daily timeframe
Symbol:BASF India Chart Pattern:Cup and Handle Time Frame: Daily Disclosure: Chart display only for educational purpose. No buy or sell reco. i am not sebi reg Research Analyst.
In the Weekly Chart of BASF , we can see that, it has made a breakout of 2 weeks consolidation . It has respected the resistance. it can spend some more time at resistance then go for a higher targets.
Reason for long a) Open = Low set up b) Super vwap breakout c) QQE breakout d) SL compulsory e) Small cap and risky: Hence position sizing not more than 1% of the total investment.
#BASF INDIA- INVERTED H&S BREAKOUT Buy above - 2790 SL below - 2480 Target - 3360
In the Weekly Chart of BASF , we can see that, it has made a consolidation of 12 weeks in same range. We might see a strong up move for higher resistance.
BASF is a good company with 13000 cr Market Cap. Fundamentally it is good. The stock has made a flag and pole pattern in weekly timeframe and is consolidating near its Breakout level. Soon we can expect a Breakout in the stock.
1. Watch for breakout. 2. Retest of previous resistance/resistance turned support 3. Multiple attempts on trendline. 4. 5300 Target
BUY - BASF INDIA CMP - Rs. 2964 Target - 1: Rs. 3918 Target - 2: Rs. 4504 . Timeframe - 4 months - 8 months . Technicals - Bullish Flag Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
NSE:BASF has given a solid breakout on weekly charts and investors and traders can look to buy this share with a stop loss at 2800 and target of 3640. Beautiful Chart Structure.