Bayer has outperformed the markets since the pandemic fall. although nifty continues to rise, bayer has been correcting for two weeks. there are two takeaways from this, 1. stocks rallying/breaking out now is late-stage and are highly probable to fail. 2. when leaders are pulling back and they start to turn around, you can say with high probability that another...
went up 58% in a short time and now its correcting on very low volume. its a good sign, want to see it above 200dma and by that time the 50dma will also catchup.
this stock is very thinly traded, i wont be taking a position. however if you like a risky bet, you can
will update the buy price once the trade sets up
explosive move and a soft approach towards the 50dma. if the price reverses from here. i will a buyer around 98-100 levels. volume is necessary. decreasing volume is also a good sign.
we need a close above 10820 for 2-3 days for the next leg of the rally
Technical Trade - Powerplay
Technical Trade - Buyable Gap up
Technical Trade - Powerplay
Technical Trade - Powerplay