GodrejAgro Target Stoploss with ExplanationGodrejagro 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 510
Target 540
Happy Trading,
Yamini Prabu
NSE NISM Certified TA
Independent Trader/Trainer
Godrejagrovetbreakout
Godrej Agrovet Ltd (GODE)@breakoutGodrej Agrovet Ltd (GODE)@breakout
Godrej Agrovet Ltd (GODE) strong breakout with volume break out and momemtum created in day chart.
Godrej Agrovet Ltd MOU sign help to breakout for long. so strong upside are coming. BUY above 522.25.
NEXT TARGET 529,534,541. Time to go for long, get ready to catch the profit. Thank you.