Hi All,
This idea is about Godrej Agrovet Ltd
Fundamentals
Mkt Cap - 15600 Cr
Sales - 9561 Cr
Mktcap/Sales - 1.63
PE - 43
ROE - 15%
ROCE - 13.6%
Promoter Holding Increased
Technicals
On the weekly chart, golden crossover is observed where 50 SMA is crossing over 200 SMA which is a positive sign.
Price action has broken the resistance zone marked convincingly with healthy volume
Observe how moving averages align & expand sequentially eliminating any high volatility in stock.
Hope you enjoy this trade,
Happy Trading,
Thanks,
Stock-n-Shine
This idea is about Godrej Agrovet Ltd
Fundamentals
Mkt Cap - 15600 Cr
Sales - 9561 Cr
Mktcap/Sales - 1.63
PE - 43
ROE - 15%
ROCE - 13.6%
Promoter Holding Increased
Technicals
On the weekly chart, golden crossover is observed where 50 SMA is crossing over 200 SMA which is a positive sign.
Price action has broken the resistance zone marked convincingly with healthy volume
Observe how moving averages align & expand sequentially eliminating any high volatility in stock.
Hope you enjoy this trade,
Happy Trading,
Thanks,
Stock-n-Shine
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.