BAYER CROPSCIENCE - Potential 40% upmove Mid Term IdeaThe stock is in strong uptrend.
Moving out of a 4 year old consolidation zone.
Coming out of a 5 week old
consolidation, Daily VCP Breakout.
Ready for Swing Targets
15% 8215, then 9579 - Short To MId Term Targets 3-6 months.
SL 5% 6576 Daily closing Basis.
BAYERCROP trade ideas
SWING IDEA - BAYER CROPSCIENCEBayer CropScience , a global leader in agricultural science, is exhibiting technical indicators that suggest a promising swing trading opportunity.
Reasons are listed below :
6500 Resistance Breakout : The 6500 level has been a significant resistance zone. The price is now breaking out above this level, indicating strong bullish momentum.
Breaking 4+ Year Consolidation Phase : The stock is breaking out of a long consolidation phase that lasted over 4 years, signaling a potential new bullish trend.
Strong Bullish Marubozu Candle on Weekly Timeframe : The recent formation of a bullish marubozu candle on the weekly chart indicates strong buying pressure and suggests potential for further upward movement.
Bounced Back from Golden Fibonacci Zone : The stock has bounced back from the golden Fibonacci retracement level (0.618), a key area where prices often rebound, indicating potential for an upward move.
Trading Above 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50-week and 200-week exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels.
Trading at All-Time High : The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains.
Target - 7670 // 8700
Stoploss - weekly close below 5600
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@visionary.growth.insights
Bayer crop science seems great Breakout Target of 8250### Swing Trading Alert: Bayer CropScience (CMP 6513.25) - Target 8250.65, SL 6000
#### Trade Setup:
- **Current Price (CMP):** 6513.25
- **Entry Point:** Confirm entry upon a successful breakout above 6600.
- **Target:** 8250.65
- **Stop Loss:** Below 6000
#### Analysis:
Bayer CropScience Ltd is showing signs of a bullish breakout, indicating a potential upward movement towards the target of 8250.65. Managing risk with a stop loss below 6000 is recommended.
#### Disclaimer:
This trading alert is for informational purposes only and does not constitute financial advice. Trading stocks involves significant risk and may not be suitable for all investors. It is essential to conduct your own research and consult with a financial advisor before making any trading decisions. Only trade with capital that you can afford to lose, and ensure you understand the risks associated with stock trading. The author is not responsible for any losses incurred from following this recommendation.
BAYERCROP - ANOTHER LEG OF RALLY?A strong bullish engulfing candle in the weekly time frame suggesting that this stock is nicely poised to re-test the previous high of 6000 again...
If the stock closes above its previous high of 6200 on weekly basis, it might test the 1.27 and 1.414 fibo extension levels...
Bayercorp in symetrical triangle chart makingAs you offen seen this chart formation in many ways. Its called symetrical triangle chart pattern in this chart when price broke it goes too far. As one can add it to watching and wait for breakout . Aggressive one can add it at 4537 price with SL 4300 and target 4800,5097,
5300. As you all know patience is the key of success. So be patience and wait
Bayer Cropscience (Long)Good potential to move up
Now trading above 200 EMA on daily chart
Took support near 4500
Consolidated between 4650-4780 before moving up
Now again Consolidating between 4970 to 5180
Moving in upside channel
Buy near 5000 - 5050
SL 4900
TGT 5420 - 5593 - 5748 - 5998 - 6358
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.