Hello everyone, This is one of those time when it is not so hard to find a good breakout stock, but even after that we tend to miss-out chances and that is because we think of stock to be overbought and wait for correction (which may or may not happen). Well in these times we have to stick to only two concepts and that is RR(Risk/Reward) ratio and position...
Downtrend trendline broken in Bayer Cropscience Limited with high volume.
Weekly Timeframe is bullish Daily Timeframe has tested daily structure 4HR is in bullish structure Nifty Midsmall cap is bullt
NSE:BAYERCROP after long bear run we can reversal if price go above 4151 Take Long trade : ENTRY : 4152 Target 4341 (4.73%) SL 4042 (2.72%)
Chart pattern for Swing Trade. Not A trading Advice, Just for Education Purpose
Hello today i am here to test can you find the hidden pattern in this above chart i will post a idea later tomorrow
In week 28-Nov-22 to 02-Dec-22, @ 357,000 shares were traded, creating Morning star pattern. For the 5th wave, Sub waves 5-1, 5-2, W, X is over Now Y is the target i.e INR 8655 Till Jan 24.
A cup and handle pattern is about to form. However the alligator's lip-teeth-jaw are coming closer and coming flattish slowly. That's a concern. Also there is no upsurge of the volume. If it breakout the neckline of 5450, it may go up. On the other hand, a breakdown below 5200 can pull it down further.
Time Frame :- 1 Hour Symbol Name :- Bayercrop Comment Below If You want to ask me questions on this on any other idea . Based on Your Own Risk this is only to Show you the Current Pattern . We are not responsible for any profit or loss . BTW Like and Follow if you like this awesome content
#BAYERCROP - BULLISH REVERSAL HARMONICS PATTERN CMP : 5081.85 Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell We will be not responsible for your profit and Loss Please...
Reason for long a) lower channel support play b) Several pin bar as reversal signal
Reason for long a) pin bar formation in daily chart with volume b) Channel support play c) volume and price spurt for long
Buy only when the stock price breaches 4768( accompanied by good volume). You can have a stoploss of 4638. Two targets can be approached by the stock in the short to medium term time horizon.
Reason for long 1. Previous bull heavy volume 2.False low indicates the buying pressure at support. 3. Mini bull flag as consolidation. 4. Any 15min candle breakout out from these levels can be considered as long with SL
Potential Opportunity as Swing Trade in NSE:BAYERCROP Risk : Reward - 1:2 Entry - 4975 Stop Loss - 4875 Target - 5175 This is for Educational Purpose only, apply your prudence & consult your adviser before investing. #nse #swingtrade #nifty #bayercrop
Potential Opportunity as Swing Trade in NSE:BAYERCROP Risk : Reward - 1:2 Entry - 4900 Stop Loss - 4650 Target - 5400 This is for Educational Purpose only, apply your prudence & consult your adviser before investing. #nse #swingtrade #nifty #bayercrop
#chartkuchkehtahai #tradethechart #longterminvestment #ShortTermTrade Stock: Bayer crop sciences Ltd CMP: 4850 Target: 5800 /6100/6500 Stop loss: 4500(WCB). Pls follow strick stoploss.5000 is important resistance need to close above to get 20-30% upside move Note: Educational post, pls do your own research before investing