BFAGRO LONG TRADE - 1H TF 14-06-2025BFAGRO High Probability Buy Trade Setup (1-H TF)
BFAGRO recently broke out from a converging channel, which had been trending upwards since reversing from a down leg after its PSX inception in March 2025. The validity of this breakout is supported by:
- Volume analytics
- Creation of a bullish mitigation block
- A bullish order block
- A bullish measuring gap
These formations indicate a genuine shift towards a bullish trend.
🚨 TECHNICAL BUY CALL – BFAGRO🚨
- Buy 1: Rs. 30.00 (current level)
- Buy 2: Rs. 29.60
- Buy 3: Rs. 29.00
- TP 1: Rs. 31.6
- TP 2: Rs. 33.00
- TP 3: Rs. 35.1
- TP 4: Rs. 36.6
- TP 5: Rs. 37.9
- *Stop Loss*: Below Rs. 27.5 CLOSING BASIS
*Risk-Reward Ratio*: 4.3
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
BFAGRO trade ideas
BFAGRO Stock Trading StrategyBFAGRO Buying Strategy:
Key Levels:
1. Current price: 27
2. Buy zone: 27-25.80
3. Stop loss: 24
4. Targets: 30 and potentially 34 if it breaks 30
Strategy:
1. Buy on weakness: Enter the trade if the price dips to 27-25.80.
2. Risk management: Set a stop loss at 24.
3. Profit targets: Aim for 30 initially, and consider holding for 34 if the price breaks 30.
Considerations:
1. Market conditions: Monitor BFAGRO trends and news.
2. Risk tolerance: Adjust position size according to risk appetite.
This strategy is based on the provided information. Always conduct your own research and consider consulting a financial advisor before making investment decisions.