BAYERCROP - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade Listπ Intraday Trade Analysis β BAYERCROP
IntraDay Trade Rating: 4.0
BAYERCROP is showing promising signs for an opportunistic intraday trade, thanks to strong momentum indicators and recent price action pushing above key moving averages. While fundamentals hint at stretched valuation, the current technical setup can work for momentum scalpers with discipline.
π§ͺ Technical Highlights
Current Price (βΉ6,352) well above 50-DMA (βΉ5,933) and 200-DMA (βΉ5,580) β bullish momentum in motion.
RSI (63.3): Strong but not overheated. Momentum favors continuation.
MACD (128): Exceptionally bullish crossover signal β suggests trend strength.
Volume (22.7K) is slightly below average (28.9K) β worth watching for ramp-up during midday push.
π‘ Fundamental Perspective
ROCE (20.1%) / ROE (15.8%): Robust efficiency metrics.
Debt-to-equity (0.34): Financially conservative.
EPS (βΉ14.0) is modest relative to valuation β which is steep with a P/E of 581.
Industry PE (36.5) vs company P/E suggests premium pricing may be based on scarcity or specialty positioning.
125% profit growth QoQ: Impressive, could be driving current rally.
FII inflow (+0.15%) while DII is trimming β minor split in institutional mood.
π― Intraday Trade Setup
β New Position Entry
Buy Zone: βΉ6,325 β βΉ6,355 (ideally on consolidation or minor dip near support)
Profit Target: βΉ6,415 β βΉ6,465 (next resistance band from recent swing highs)
Stop Loss: βΉ6,295 (below key support line and psychological threshold)
π Already Holding Today? Intraday Exit Cues
Exit may be prudent if
Price struggles near βΉ6,370ββΉ6,385 despite volume recovery by early afternoon.
RSI hits 70+ with MACD plateauing or contracting β signals exhaustion.
Volume remains under 20K even post 2:00 PM IST, indicating waning interest.
π Ideal Exit Window: 2:30β3:00 PM IST, especially if no momentum continuation develops.
π Want to scout other momentum-heavy agro stocks or set up a watchlist for Mondayβs breakout prospects? Iβve got a few candidates up my sleeve π±π
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