Godrejagro is in an ongoing uptrend in the weekly timeframe therefore any bullishness seen must be capitalized.
In the daily time frame for over a period of 11 days its been stuck in a range of 25 points between 510 and 525.
A rising momentum has been recently observed and if this momentum persists we can expect a BO from this range.
Entry 515 to 520
Stop Loss...
NSE:GODREJAGRO See the Previous Time it Form an ( inverse head and shoulders pattern ) Breakout Touch The Previous Resistance Now also Form a Same Pattern Add to your Watch-list
On Friday, there was some volume buying in Godrej stocks with godrej industries reaching 20%.
Godrejagro has finally given a closing above 200 week moving average which was around 500.
We can expect 550 in short term and above it, we might see ATH levels as well. Support is around 455-460 levels.
Keep on watchlist. Idea shared for educational purposes
GODREJAGRO:- Ascending triangle pattern is formed, breakout is found, movement to the upside can be seen, till then keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and...
Key highlights:
⚡️ Bullish market structure - clear formation of Higher highs and higher lows.
⚡️ Consolidating in the range for the last 4 months.
⚡️ Good volume expansion today.
⚡️ If it manages to sustain above 540, expect it to move towards 600.
⚡️ Aggressive stop loss below 525.
Disclaimer : This is NOT investment advice. This post is meant for learning...
Godrej Agrivet looking good to buy @ 545-535 for short-term holding.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
GODREJAGRO: shows signs of reversal from current levels, as it was consolidating since last 45 days (33 sessions) at 50% Fibonacci retracement levels on monthly charts, and now at trendline breakout on weekly and daily charts as RSI gaining good strength from 18 to 60 within consolidation zone. Also being an agricultural entity, it will be in focus due to upcoming...
I will buy GODREJAGRO because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 490
Target : 540/560
Stop loss : 470
![GODREJAGRO: [SHORT-TERM STOCK] BUY GODREJ AGROVET](https://s3.tradingview.com/g/GCrXF1Zc_mid.png "[SHORT-TERM STOCK] BUY GODREJ AGROVET")
