GokulAgro ready for yet another up move?After a stage breakout, Gokul Agro pulled back and Forming a rounding bottom and aiming for a fresh breakout.
Keep it on your radar.
#gokulagro #InvestSmart
GOKULAGRO trade ideas
GOKUL AGRO If white trend line sustains then chances are it could move upward to 454 level within Dec 2024 .
Disclaimer :
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Gokul Agro-Volume breakout of ATHGokul agro has tested level of 150 multiple times in last couple of years.
Stock has managed to break the level now with heavy volumes.
Stock can be accumulated for big returns in future, more than 2x.
Stock is available at decent valuations currently.
However, stock comes under high risk category so safe investors should stay away.
However, such breakouts normally bring explosive move in small cap stocks, given broader markets are supportive.
Keep in watchlist for educational purposes.
Gokul Agro Gokul Agro📊 Ready to Fly ✈️ CMP : 126.30
Trend - Bullish + Near Breakout Zone 👀
#gokulagro #StockToWatch #BreakoutStock #StockMarket
GOKUL AGRO RESOURCESCompany is in manufacturing and processing of various kinds of Edible, Non-Edible oils and meals. Company has manufacturing facility in Gandhidham, Gujarat, India.
Its edible oil portfolio includes includes brands like Vitalife, Mahek & Zaika. Vanaspati portfolio includes brands like Richfield & Puffpride.
FII and Promoters have increased their holdings in last quarter.
Company is expected to give good quarter
Company has delivered good profit growth of 66.1% CAGR over last 5 years
Promoter holding has increased by 1.06% over last quarter.
GOKULAGRO BULLISH BREAKOUTIts a up flag breakout with huge volume.breakout is happened after a long consolidation .
GOKULAGRO - Long Setup, Move is ON.NSE:GOKULAGRO
✅ #GOKULAGRO gave a breakout entry at 96.40 when it broke out from a Triangle Pattern with higher volumes (as shown in chart)
✅ It is now trading above Resistance of 135
✅ Next Resistance is at 171
Here is the previous chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
Short Term Swing Trading Idea in GokulAgroMention Information is only for Educational Purpose.
In weekly chart, There is a breakout. RSI is strong
As per my View on Future Price may come at Rs.167
Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Dated 05-May-2024, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions .Feel free to reach out .Your feedback and insights are always appreciated.
GokulAgro_LongManufacturing & processing of various kinds of Edible, Non-Edible oils and meals. Manufacturing facility in Gandhidham, Gujarat, India. Its edible oil portfolio includes brands like Vitalife, Mahek & Zaika. Vanaspati portfolio includes brands like Rechfield & Puffpride.
52 Week Low: ₹ 94.8 ; 52 Week High: ₹ 135
BV: ₹ 40.5, FV: ₹ 02,
++ 52.0% CAGR over last 5 years, PE = 16.48 < sector P/E = 33.30, NP, OPM ++, Promoter hold
-- Total Liabilities 3,156 cr. < Reserves 680 cr., NCF -37 Cr., Less / no FII/DII holding
GOKULAGRO | Swing Trade📊 DETAILS
Sector: Vegetable Oils & Products
Mkt Cap: 1,772 cr
Company is in manufacturing and processing of various kinds of Edible, Non-Edible oils and meals. Company has manufacturing facility in Gandhidham, Gujarat, India.
TTM PE : 13.83 (High PE)
Sector PE : 51.35
Beta : 1.37
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
20.59% away from 52 week high
Outperformer - Gokul Agro Resources down by -0.61% v/s NIFTY 50 down by -1.62% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Gokul Agro - Winner in making!With strong promoter holding and a solid trendline, this stock looks like a easy doubler from current levels. Risk Reward is in favour. Watch out! View will negate below 108 level on weekly closing basis.
GOKULAGRO Pin Bar on SupportIn this analysis, we will assess the technical aspects of GOKULAGRO's weekly chart to identify potential trading opportunities. We'll examine key patterns and indicators to form a comprehensive view.
1. Support on Rising Trendline with a PIN Bar:
The most significant feature on the chart is the candlestick pattern showing support on the rising trendline, particularly marked by a PIN bar. A PIN bar often signifies a reversal in the market sentiment. In this case, it suggests that after a potential retracement, buyers are stepping in, which can lead to an upward move.
2. RSI Divergence Adjustment:
Previously, there was a divergence pattern on the Relative Strength Index (RSI). Divergence occurs when the RSI and price action move in opposite directions, which can indicate a potential reversal. The adjustment in the RSI divergence might suggest a renewed alignment between the price and RSI, indicating a more stable price trend.
Proposed Trade Strategy:
Considering the insights from the chart analysis, here's a proposed trade strategy:
Entry: Initiate a long position at the current market price (CMP) of ₹115. The presence of the PIN bar and the support on the rising trendline indicate a potentially bullish setup.
Stop Loss (SL): To manage risk, consider placing a stop loss at ₹104. This level is chosen to allow for minor price fluctuations while mitigating the impact of adverse price movements.
Target: Set a target for this trade at ₹129. This level is selected based on the potential price movement suggested by the support on the rising trendline and the bullish signal from the PIN bar.
Conclusion:
The technical analysis of GOKULAGRO's weekly chart presents a compelling case for a bullish outlook. The PIN bar indicating support on the rising trendline, along with the adjusted RSI divergence, collectively suggests an opportunity for upward price movement.
However, it's crucial to acknowledge that trading carries inherent risks, and no analysis can guarantee specific outcomes in the dynamic stock market. Market conditions can change rapidly, so it's essential to monitor your positions closely, employ prudent risk management practices, and consider your overall investment strategy. Consulting with financial professionals is advisable before making significant trading decisions.
GOKULAGRO Bullish; above 126 on Tuesday 21 Nov. The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
Stop Loss: @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
BREAKOUT IN GOKUL AGRO 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF GOKUL AGRO :-
•Breakout of symetrical pattern on WTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 Add on your watchlist....
📌 If you have any questions about any stock you can DM me Or comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
GOKULAGRO If cross supply zone than huge tgt can met
under selling pressure
support 95
resistance 124
GOKULAGRO - Textbook Breakout Pattern
Detailed View about this Breakout:
No.of Resistance: 5
No.of Support: 4
Consolidation days : 350+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
GOKULAGRO | Pole and Flag Breakout | Swing TradeGOKULAGRO | Pole and Flag Breakout | Swing Trade
1) Strong volume breakout
2) Pole and Flag pattern formation
this is just a view and trade at your own risk
2 Amazing swing trades for 25 July Markets I daily make educational content videos for swing / positional trading
GOKULAGRO --- heading towards all time high of 152NSE:GOKULAGRO viewpoint
the stock has given good breakout on weekly time frame
cmp is 117
moving towards all time high of 152
once it breaks above its all time high, this stock will keep making newer highs
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GOKULAGRO
BUY TODAY SELL TOMORROW for 5%
GOKULAGRO LONG PREDICTIONThis is my first public prediction for the equity and it is my view on this stock to go up.
This is for education and knowledge.
Note:
There is a HAMMER AND INVERTED HAMMER
candlestick pattern on the 50 day EMA.
Downmove of 40 point before making of
this pattern.
And a Strict Stoploss as shown in the Chart.
