According to weekly chart anylasis after long correction made and now this stock trade support zone we have opportunity to buy a lower price.
Buy @4750 or above.
Target : 5000-5400++
SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 08-11-21
INTENT
I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade...
My Next pick is BayerCrop. This trend lines suggest an entry at the mentioned level for an ample returns, Looking forward :).
Note: This is only for Educational purpose and not an advise or call for an entry.
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TECHNICAL ANALYSIS OF NSE:BAYERCROP
The LAST CLOSE PRICE of NSE: BAYERCROP is 6018 . The PARABOLIC SAR is showing the UPWARD SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 5893.35. From here, the Key Support and Resistance levels are SUPPORT 1 at...
Recently in previous candle the resistance/supply zone has been breached/broke with a good hike in volume. Would suggest to go long at CMP or can go for buy on dip strategy till 5845 level. After being in a zone for a long time, Expecting a good Upside Movement till 6344 level, go long with the strict stop-loss of 5744 (only on candle closing below basis)...
GOOD AT CHARTS AS FORMING A CUP AND HANDLE FORMATION IT MAY STILL CORRECT TILL 5550 ( AT THE 50EMA SUPPORT ) AND THEN IT MAY TAKE A REVERSE FLIGHT AND IT MAY REACH TO THE LIFE TIME HIGHS.
Bayer Crop Sciences has had a trend reversal on the upside as indicated by the trend line breakout. Buy for the target of 6600 in a period of 3 months. Keep a stop loss at 5600.
According to day chart anylasis its given strong breakout with increasing volume with bullish candlestick so we can buy it
Buy @cmp 4788 or above for target 4870 +++ best buy for breakout stocks.
Price Action Analysis.
On the larger picture , it is a flag breakout after which it has consolidated for a while.
Usually such breakouts are full of steam. Let us see.
BayerCrop NSE:BAYERCROP has given a breakout...
Yellow lines mark the next resistances.
For Educational purposes only.
More about me:
I am an investor for 4 years now. I used to do most of the analysis based on Macro-Economic factors for the last 4 years.
Seeing the recent changes in the market sentiments and habits of new retail investors compelled me to...
