Has been range bound in 4200-5700 for 2 yrs Plan ahead => could consider to Buy above 5500 and/ or Rejections near 4200 PB 8x PE 30x ROCE 32% DivYld 3%
Entry Price 4616.65 Target Price 5271.25
The stock had created good short-term support on the daily chart. Though it has strong resistance around 5000 levels, so it might move in a range for while. Above 5000, it can move fast towards 5200-5300 levels.
BAYERCROP Stock. EMA 10, EMA 20, and Trend Line have a positive slope. And a bullish pin bar formed.
(Bayer Cropscience 2H Chart) Watch for long trade opportunities on the 2H Chart Time Frame.
Sustaining 5950 levels, the stock could test its previous high made in Sep 2020, i.e. 6400-6600 levels.
Bayer Crop science taken support beautifully at its 5 year break out. This should bounce to 10 K in 1 year
Bayer Cropscience Breakout for tgt 7482