Godrej Agrovet - Flag Pattern!!
Updated
Godrej Agrovet has given a breakout of its 2018 price and has not retesting the same. It has created a flag pattern and a breakout of same can give a massive 65% return. Other factors:
1. 2018 price breakout and retesting - strong set-up
2. Flag pattern on DTF
3. Largest palm oil plantation in India with 75000 hectares and by 2027 to increase to 100k hectares
4. Recent custom duty increase on import of palm oil will benefit Godrej Agrovet
5. Contracts with Nestle & Pepsi for purchase of palm oil
6. Best TTM results
Stock may consolidate and a breakout will take the price to our TPs.
Keep following Cleaneasycharts as we provide Right Stock at Right Time at Right Price!!
Cheers!!
1. 2018 price breakout and retesting - strong set-up
2. Flag pattern on DTF
3. Largest palm oil plantation in India with 75000 hectares and by 2027 to increase to 100k hectares
4. Recent custom duty increase on import of palm oil will benefit Godrej Agrovet
5. Contracts with Nestle & Pepsi for purchase of palm oil
6. Best TTM results
Stock may consolidate and a breakout will take the price to our TPs.
Keep following Cleaneasycharts as we provide Right Stock at Right Time at Right Price!!
Cheers!!
Trade active
Correction: Godrej Agrovet has given a breakout of its 2018 price and is retesting the same.
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