BAYERCROP - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 2.8

Here’s a detailed technical analysis of BAYERCROP (Bayer CropScience Ltd)

📊 Trend Overview

Current Trend: Bearish

Status: The stock is currently reversing, with price action below key moving averages and momentum indicators flashing weakness.

📈 Moving Averages

DMA 50: ₹5,505

DMA 200: ₹5,545

Current Price: ₹5,202

🔻 Price is below both 50-DMA and 200-DMA, confirming a bearish trend. These levels now act as resistance.

📉 Momentum Indicators

RSI (14-day): 35.6 — Approaching oversold territory, signaling weak momentum but potential for a technical bounce.

MACD: -153 — Strong bearish crossover, confirming downward pressure.

Volume: 18,195 vs 1-week avg of 32,157 — Below average, indicating lack of buying interest and weak participation.

📊 Bollinger Bands

Price is near the lower band, indicating oversold conditions and potential for a short-term bounce. However, trend remains weak.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 5,000 Psychological level, recent bounce zone

Support 2 4,750 Previous swing low

Resistance 1 5,505 50-DMA, immediate resistance

Resistance 2 5,545 200-DMA, stronger resistance

Resistance 3 6,000 Medium-term target if reversal confirms

🎯 Entry & Exit Zones

Optimal Entry: ₹5,000–₹5,100 range on confirmation of support holding and RSI reversal.

Exit Zone: ₹5,500–₹5,600 for short-term traders; ₹6,000+ if momentum improves and price reclaims 200-DMA.

⚠️ Short-Term Signals

MACD strongly bearish, RSI weak, and price below key averages suggest continued downside risk.

Low volume and poor PEG ratio reinforce caution.

Despite a strong quarterly profit jump, technicals remain under pressure.

🧭 Summary

Trend: Reversing with bearish bias

Momentum: Weak; MACD and RSI signal caution

Technical Rating: 2.8 — Bearish setup with oversold bounce potential

Would you like a sector-wide comparison with peers like UPL or PI Industries to assess relative strength?

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