tanrakesh

BASF--BUY LONGS

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NSE:BASF   BASF INDIA
BASF has given good result in june 22 and sept 22 results are to be announced on 10th nov. moving averages 10 SMA- 2819 , 20 SMA- 2835 . 200 SMA 2836. Public float of 17.50 % . Won sales tax case of 750 Cr approx in high court. 1st wave top 3500 and 2nd wave correction looks complete at 2725 once crosses moving averages of 2840 you will see real power . I have a target of 4500 as per fibo ext .Buy at current price for long term porfolio building.

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