GODREJAGRO trade ideas
In the short term, Godrejagro can provide good returnsIf it retraces it can go uptill Rs 500 and then go long again.
I'll personally add more quantity if it retraces.
Happy Trading !
At resistance and Triangle to breakPrice trading at an important level, triangle pattern at resistance level is a sign of breakout and expect an up side break.
Daily Swing Call // GODREJ AGROVET // 21st Aug 2020 // LongCall for Friday August 21st 2020 // This is a swing trade call and not an intra-day trade //
NSE:GODREJAGRO
CMP / LTP: 501.1
IDEAL BUYING RANGE*: 485-501
TARGET: 600+ (20% Around)
STOP LOSS: 450 (10-12 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
Notes:
- *IDEAL BUYING RANGE: This is the pricing range if the stock corrects after my buy call. If u don't want an aggressive trade, you can wait for a
"possible" (not guaranteed) correction. One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5%
range). This way the Risk Reward can be improved and profit can be maximized.
- This is a swing trade call and not an intra-day trade
- Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis.
- Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades, but if SL / Target are not triggered and you still wish to hold the trade, this can be
done as long as SL is followed or trailed.
- All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions)
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
GODREJAGROV - HEADING SOUTHDOES NOT LOOK GOOD ON 45 MINUTES CHART. TREND MAY CHANGE DURING THE DAY IF SUPPORTED BY VOLUME.
GODREJAGRO - Intraday Trading Setup for 24 July 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
GODREJAGRO SHOWING WEAKNESS Place your target and resistance according to support and resistance lines drawn.
GODREJAGRO EOWA 26 June 2020Strong Rising CRS and RSI of CRS
VCP 60/18 2T
Modified CnH BO with WRC VOL EXP 16/06
Fibo Levels for R/S TGT SL
SL @ 427
Agro chemical playRisk reward favorable
Largely under-performer
Strong name pedigree stock .
May move up sharply once important resistance levels taken out.
Rest analysis mentioned on charts .
Comments and suggestions are welcome
