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.
Basf India can double your capital. 🎯 Target is 6125 Holding time more than 7 months. # patience 😄😄 is required.. #positional trade..
this is consolidating very well and expecting a good move in upside till 80% return from current market price. Time to exit is one year
Reason for long a) cup and handle set up b) super vwap set up a) Weekly Mr.14 set up b) price and volume spurt at support c) weekly breakout d) super trend breakout SL compulsory Summary result of previous post 8200 to 8300 = 70% win rate ; still active 8% sl hit : 23% 8300 to 8400 = 56% win rate ; still active 19% sl hit : 22% 8400 to 8500 = 66% win rate ;...
In the Weekly Chart of BASF , we can see that, it has given Inverted Head & Shoulder breakout. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of BASF , we can see that, positive momentum is started . Soon we will see a Inverted Head & Shoulder breakout in it. Expected momentum is shown in chart.
BASF CMP 2373 dated 28-4-2023 Weekly Chart: Positional Call 1. Triangle Pattern formation 2. Making higher lows & taking support on trendline. Buy Above 2395 for target 2450-2600-2660-2700 SL 2290 It is just a view, please trade at your own risk.
BASF Swing can be taken for following reasons : 1) Liquidity has swept off 2) Weekly and Daily Timeframe has tested demand 3) 4HR is has tested it's structure and has created bullish price action
earning and dividend has been declared , dividend is goog so wee can have a bet for the target with strict stoploss and only half investment
#BASF WEEKLY • Previous resistance is now working as support • Consolidating near support zone from last 3 months • Volumes are dry during this time period • Looking stong if sustain above the level • If sustain above the level then buy near 2500 (Don't buy immediately after breakout let the price sustain) • Target 2800/3030 • There's a trendline resistance also...
BUY above high of brakeout candle with 1:2 minimum take profit
BASF is consolidating near a strong support. We can see a higher low, higher formation with daily RSI over 60 which indicates that a breakout might happen soon. Stock might face resistance at 2650 and 2800 levels. Kindly trade as per your own analysis since this idea is shared only for educational purpose.
Stock looks good at the current levels for swing action. Good volume and price action for swing. Check chart for target.
buy basf at cmp 2407 sl 2240 target 3 times of risk . Disc : It's not an investment advise to buy or sell
buy abv 2460.1 SL 2245. Target 2 times RISK or candle close below falling 5 SMA. disc : It's not an investment advise to buy or sell
BASF:- Rounding bottom pattern is formed, wait for breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...