Wave (5) startingThe stock has shown strength lately by not falling during market correction. Now, it can break out in (5) of 3.
Godrejagrovetltd
Godrej Agrovet at breakout level above 572on a weekly chart Godrej agrovet is at the resistance zone where it faced multiple resistance in past.
Above the 572 we can see 620/680 levels on chart.
Trade will be invalid below 545 level
on daily chart it has give a breakout with a volume sprut
GODREJAGROGODREJAGRO bounced from Weekly Demand Zone. If able to sustain can move till 570 in a few days.
Intraday view for Godrej Agrovet LimitedIntraday view for Godrej Agrovet Limited
buy view above 555
sell below 546
Follow strict risk reward
Godrej Agrovet ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
delivery buy godrejagrovet above 542 tgt 600 sl 501risk to reward ratio is 1:1 . if anyone interested . high delivery since last few days
