BASF
NSE:BASF
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio is 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose.
BASF trade ideas
BASF can breakout of consolidationBASF consolidating from Aug 2021. Can go long at 2650 - 2700 for near term target of 3500 and long term target of 5150-7250
BASF ready for the uptrend!🤩💸🔥Buy BASF for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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✔️Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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💡The stock is in a long term uptrend. From Aug 2021 it was in a retracement phase with very low volume. Now, with volume breakout of last Lower High & volume continuation retracement seems to have been completed and stock is poised to show a strong rally from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE 😄😄😄
#BASF Cash : Strongly Bullish above 3225 and dips 3070-3130#BASF Cash -Positional call -Dont miss it
11 Jan 2022
Buy zone at 3130-3070
Stoploss 2850
Target 4200/5000/6000
(Add more above 3225 levels)
Cmp 3178
BASF Technical ViewLooks good to buy above 3230
Target of 3740
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Buy Today, Sell Tomorrow: BASF for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
BASF india#chartkuchkehtahai #tradethechart #longterminvestment #ShortTermTrade
Stock: BASF india
CMP: 3002
Target: 3900/4750/5800
Stop loss: 2250(WCB).
Note: Educational post, pls do your own research before investing
Long signal in BASF1. Reversal from 200 EMA
2. Reversal from Trendline support
3. Short term trendline breakout
4. MACD crossover
5. RSI divergence
Trend Analysis - Bounce from SupportBASF is one of the chemical sectors pioneers of India. Recently during the drag in this sector, the share fell from its all time highs and has reached its trend support. the last 2 days have witnessed a healthy bounce and I am curious to see if it can move in the trend again
POSITIONAL TRADING WITH STRONG STRUCTURES (BASF INDIA)There are many ways that one can trade in markets and make money but the best way one can make money from trading stocks is positional trading where one catches big moves with fewer efforts and time and it's not stressful as compared to intraday and swing trading.
So here I am sharing a Trade analysis of BASF INDIA which explains How you can combine price action, Market structures, and smart money concepts together to find the best high probability setups possible to trade.
Trade Analysis I have shared on charts
Hope you enjoy and learn something new from it👍
FOR MORE IDEAS PLEASE SUPPORT BY SHARING THE ANALYSIS AND DO FOLLOW AND LIKE. IF ANY DOUBT ARISES DO COMMENT DOWN BELOW I WOULD LOVE TO HELP YOU.
- Pranesh Sahoo
BASF Long!Bullish Flag & Pole with a Hidden Inverted Head & Shoulder Pattern, RSI is in bullish territory & rising EMA.
Buy Price- 3651
TG-4090
SL-3385
BASF (UPFLAG)CMP: 3587
TARGET1 :3945
TARGET2 :4300++
SL:3260
we are not sebi registered , consult your financial advisor before taking any action
BASF - Flag Breakout The stock showed a minor breakout of the flag pattern it was moving in. Volumes also spiked during the end of the trading hours on 14th.
Trade can be initiated if the stock crosses and sustains level of 3600 on Monday, Oct 18th.
Target levels are stated on the chart.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
BASF - Flag breakout. Don't miss this breakout for MondayDetailed explanation on chart with required levels.
Thanks
Piyush Gupta
Learn & Earn
BASF IndiaCompany is engaged in Speciality chemicals business..!
Descending Triangle on the chart. Has corrected nicely with decreasing volumes from the top and now making a fresh breakout where price has crossed its 30DEMA on 14th October 2021.
