on 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
GODREJAGRO bounced from Weekly Demand Zone. If able to sustain can move till 570 in a few days.
Intraday view for Godrej Agrovet Limited buy view above 555 sell below 546 Follow strict risk reward
The 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.
risk to reward ratio is 1:1 . if anyone interested . high delivery since last few days