LongTerm Support Reversal with Volume Surge in Bayer Cropscience

Hello everyone! I hope you all are doing well in your life and trading journey. Today I’m sharing a positional setup on Bayer Cropscience Ltd, which has given a strong bounce from a key long-term support zone. A massive volume spike confirms a potential trend reversal, indicating smart money may be accumulating at current levels. This setup offers a great opportunity for medium to long-term investors with a favorable risk-reward ratio.

The fundamentals of the company are equally strong, backed by Bayer AG with zero debt, healthy ROCE, and consistent performance in India’s agrochemical space. I’m eyeing an entry range of 5450–5750, with a stop loss at 4630. Upside targets stand at 6730, 7799 and 9200. Let’s track this breakout closely for further confirmation.

Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making any investment decisions.
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