basf--buywas recommended at 1400-1500 level now 3500. we are heading toward our target of 4083-4200. This MNC stock has a high book value of 677 and is a bonus candidate and EPS of 120-30 annualised .Dividend payout has been increasing and is only 9% now it looks company might increase dividend also. Buy as 5th wave target can increase on extentions as marked in chart.
BASF trade ideas
BASF INDIA Bullish, Kindly do your own studyThis stock is ready for fire. Hence, don't play with fire.
In monthly chart looks like ABC correction is over and Price is challenged upper bollinger band.
Monthly MACD has just given PCO
Monthly RSI is near 60
Weekly price is just at resistance and there is a shakeout candle.
Weekly RSI is above 60
Weekly ADX is strong
Volume is good and EMAS PCO
BASF--BUY LONGSBASF has given good result in june 22 and sept 22 results are to be announced on 10th nov. moving averages 10 SMA- 2819 , 20 SMA- 2835 . 200 SMA 2836. Public float of 17.50 % . Won sales tax case of 750 Cr approx in high court. 1st wave top 3500 and 2nd wave correction looks complete at 2725 once crosses moving averages of 2840 you will see real power . I have a target of 4500 as per fibo ext .Buy at current price for long term porfolio building.
BASF INDIA (LONG)BASF India took support at 255 EMA and Bounced Back
Now above 200 EMA
BUY 2700 - 2800
TGT 2932 - 3255 - 3390 -3534 - 3700
SL 2590
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.