Trading above the resistance levels. Stock may explode in near to medium term I guess
can go in reverse if mkt sentiment turns to bearish...so can short below 1140
BASF CMP 1146 TARGET 1600-2400 SL 800
It has formed Bearish Bat and the price will reverse between the marked PRZ
BASF has formed a good base around 940 and with psotitive diverging RSI rising its a good bet to buy at cmp and add on dips. this can be a good long term investment also first target 1180 . can come in very quickly and midterm target 1380 1400
Stock seems to be in accumulation stage between 920-1000. Looks like a decent bet. Do your own due diligence before taking trade
CMP=1014.05 Resistance=1033.30, 1135.45, 1189.65, 1305.55, 1497.15. Support=941.45.
BASF chart shows Bullish Divergence on 1D and 4H. Price are currently at Support level so this kind of setup demands for a small bounce from here. For Long term, More down side Possible.
15-11-2018 Buy from CMP (1589), SL 1500, T 2200-2300
Daily demand zone Buy at 2143 CBSL 2056 Target 2400
BASF AT TRENDLINE SUPPORT Positional Buy with SL of close below 1395 cmp 1430 Target 1500/1580
Accumulate betwwen 1380-1395 stop loss 1360 Target 1420/1460
GO LONG CMP 1290...stop below 990 ...TARGET...1st @ 30% from 1290 second Target @ 80%