BAYERCROP - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.4

📊 Chart Patterns & Trend: BAYERCROP is in a corrective phase after a steep fall from its 52-week high of 6,540 ₹. The current price (4,301 ₹) is below both 50 DMA (4,672 ₹) and 200 DMA (5,161 ₹), reflecting strong bearish sentiment. The stock is consolidating near its recent low of 4,217 ₹ with oversold signals.

📈 Moving Averages:

- Price below both 50 DMA and 200 DMA confirms bearish undertone.

- Sustained weakness suggests resistance near 4,670–5,160 ₹.

- A breakout above 4,700 ₹ is needed to regain strength.

📉 RSI: At 25.4, RSI is deeply oversold, indicating potential for a short-term bounce.

📉 MACD: Strongly negative (-97.8), confirming bearish crossover and downward momentum.

📊 Bollinger Bands: Price is hugging the lower band, suggesting oversold conditions and possible short-term support.

📊 Volume Trends: Current volume (17,483) is slightly above the 1-week average (13,168), showing steady participation despite weak momentum.

🎯 Entry Zone: 4,250–4,300 ₹ (near support).

🎯 Exit Zone: 4,650–4,700 ₹ (near resistance trendline and 50 DMA).

⚡ Support Levels: 4,217 ₹ and 4,000 ₹.

⚡ Resistance Levels: 4,672 ₹ and 5,161 ₹.

Positive

• Strong ROCE (24.8%) and ROE (20.0%) highlight efficient capital use.
• Dividend yield of 2.85% provides attractive income return.
• EPS of 135 ₹ supports long-term valuation strength.
• Debt-to-equity ratio at 0.03 indicates very low leverage.

Limitation

• Stock trading below both 50 DMA and 200 DMA reflects bearish trend.
• High PEG ratio (-17.4) suggests poor growth-to-valuation alignment.
• Quarterly PAT declined from 279 Cr. to 153 Cr.
• DII holdings decreased (-0.16%), showing reduced domestic investor interest.

Company Negative News

• MACD strongly negative, confirming bearish momentum.
• Stock corrected sharply from its 52-week high of 6,540 ₹.
• Quarterly profit decline raises concerns about earnings stability.

Company Positive News

• EPS of 135 ₹ provides valuation support.
• Dividend yield of 2.85% adds shareholder value.
• FII holdings increased slightly (+0.16%), reflecting marginal foreign investor confidence.

Industry

• Industry P/E at 27.6, lower than BAYERCROP’s 31.7, suggesting premium valuation.
• Agriculture and crop protection sector outlook remains cyclical with demand tied to monsoon and rural spending.

Conclusion

⚖️ BAYERCROP is consolidating near support with oversold RSI and strongly negative MACD, showing short-term weakness but potential for a bounce. Traders may consider entry around 4,250–4,300 ₹ with exits near 4,650–4,700 ₹. The stock is in a corrective phase, awaiting breakout above 4,672–5,161 ₹ for trend reversal.