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
trading above short term EMA
pull back to short term EMA. took support at short term EMA.
EMAs sloping upwards.
in consolidation for last 6 months.
showing relative strength to index.
Green bars have higher volume relative to fall days.
same sector stocks witnessing greenshoots.
seems like bottom out.
rising on with increasing volume. but not sufficient volume on chart
above 520 can look for breakout.
consolidating in 10% range in the last 6 months.
EMA started expanding.
Looking good Pole and Flag pattern on the weekly chart of Godrej Agrovet.
Buy Above - 490, SL - 470
NOTE:- Please maintain good Risk to Reward, as per your risk appetite.
A Symmetrical Continuation Triangle, also known as a Bullish Symmetrical Triangle, is a technical chart pattern observed in daily chart of Godrej Agrovet Ltd.
This pattern is considered a continuation pattern, indicating that the price is likely to continue in the same direction as the trend that was in place before the formation of the triangle.
In the case...
Godrej Agrovet Ltd is looking good on weekly time frame. Stock has attempted two time in recent time for breakout but did not sustain. Seems stock is trying for another attempt. keep on radar
A breakout with momentum is expected in GODREJAGRO. Keep it in your watchlist.
Disclaimer: This video is for educational purpose and not a recommendation. The analysis posted here is just our view. Do your own analysis or consult your financial advisor before making any investment decision.
Godrej Agrovet making a head n shoulder on weekly time frame. Greating upward trend on daily n weekly time frame.
Buying oppourity is generated on dip's below 460 to 450.
Note : All analysis are for observation and study purpose no tips or calls are been provided. Make desicion at your own risk.
Godrej Agrovet is looking good to change the trend on weekly time frame. Stock was forming lower low and lower high since last 2 years. Seems that trend will change soon. keep on radar for closing above 505.
In this analysis, we will explore the chart of GODREJAGRO to gain insights into its current state. The chart showcases a breakout of a falling weekly trendline, indicating a potential shift in the stock's direction. Moreover, the stock recently found support at the 50 EMA and is currently trading above the 100 EMA and 200 EMA. Based on these observations, a buying...
Godrej Agrovet is attempting to change the downtrend as per dow theory. Stock was in downtrend since last 2 years and now trading above previous swing high. Keep on radar for closing above 495.
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...
We can see godrej agrovert is below listing price but eps is growing year on year
and we can see higher high and higher lows so it can turn out as multi year breakout
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
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...
