50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
GOKULAGRO trade ideas
GOKUL AGRO RESOURCES LTD Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Positonal trade setupGokul Agro Resources Ltd. is nearing a breakout above ₹300, with strong upward momentum and recent buying interest. Sustained movement above this level could signal further gains! 🚀
🔹 Entry: Above ₹300
🔹 Target: ₹ 350 (based on resistance levels)
🔹 Stop-Loss: ₹275 (below current support)
Positonal trade setupGokul Agro Resources Ltd. is nearing a breakout above ₹300, with strong upward momentum and recent buying interest. Sustained movement above this level could signal further gains! 🚀
🔹 Entry: Above ₹300
🔹 Target: ₹ 350 (based on resistance levels)
🔹 Stop-Loss: ₹275 (below current support)
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
[Bullish] GOKULAGRO starting major wave 3NSE:GOKULAGRO seem to have started long term wave 3 as per this monthly chart after a textbook clean wave 1 from Elliott Wave perspective.
Currently trading at 235 and wave 3 conservative target (as per equality principle) is around 2000. Wave 1 took nearly 2.5 years so we can expect similar time as wave 3 are usually the fastest. Even if we keep some margin, 3 years sounds a reasonable timeframe for wav 3 to complete.
Volumes also support the current move.
Is Gokul Agro Resources Ltd. a Good Opportunity to Buy?I'll highlight the key financial ratios and quality aspects that make this company an attractive investment opportunity. Financial Highlights:
Revenue Growth: GOKULAGRO has consistently demonstrated revenue growth, with a CAGR of 15.6% over the past three years. This indicates a strong demand for its products and services.
Profitability: The company has maintained a healthy profit margin, with a net profit margin of 8.4% in FY2022-23. This suggests that GOKULAGRO is able to generate significant profits from its operations.
Return on Equity (ROE): GOKULAGRO's ROE has improved significantly over the past three years, from 6.4% in FY2019-20 to 12.1% in FY2022-23. This indicates that the company is generating higher returns from its shareholders' equity.
Debt-to-Equity Ratio: GOKULAGRO's debt-to-equity ratio is relatively low, at 0.43, indicating that the company has a manageable debt burden.
Quality Aspects:
Management Team: The company has a strong and experienced management team, with a proven track record of driving growth and profitability.
Business Diversification: GOKULAGRO has diversified its business operations, with a presence in multiple segments, including agro-processing, food processing, and renewable energy. This reduces its dependence on a single segment and provides a stable revenue stream.
Innovation: The company has a strong focus on innovation, with a dedicated research and development team that is constantly working on new products and processes.
Technical Analysis:
I'll also walk you through my analysis and highlight the key technical indicators that suggest a strong trend is in place.
Daily Timeframe Analysis: The daily timeframe chart of GOKULAGRO shows that the stock is currently trading at an all-time high. This is a significant milestone, as it indicates that the stock has broken out of its previous resistance levels and is now trading in uncharted territory.
Midpoint Support Line: One of the key technical indicators that I've been following is the midpoint support line drawn at the midpoint of the long candle of 20 days. This line has been providing strong support to the stock, and it's likely to continue doing so.
Weekly Timeframe Analysis: When we switch to the weekly timeframe chart, we can see that the midpoint support line is also providing strong support to the stock. This is a significant confirmation of the trend, as it suggests that the stock is not only strong on the daily timeframe but also on the longer-term timeframe.
Trend-Catching Entry Opportunity: Given the strong support provided by the midpoint support line and the stock's all-time high, I believe that this is a potential trend-catching entry opportunity. The stock is likely to continue its upward trend, and buying at this level could provide a good entry point for investors. Key Takeaways:
GOKULAGRO is trading at an all-time high, indicating a strong trend.
The midpoint support line drawn at the midpoint of the long candle of 20 days is providing strong support to the stock.
The weekly timeframe chart also confirms the trend, with the midpoint support line providing strong support.
This is a potential trend-catching entry opportunity, with the stock likely to continue its upward trend.
Conclusion: Based on the financial highlights and quality aspects, I believe that Gokul Agro Resources Ltd. is a good opportunity to buy. The company's consistent revenue growth, healthy profit margins, and improving ROE make it an attractive investment opportunity. Additionally, its strong management team, business diversification, and focus on innovation provide a stable and sustainable growth trajectory.
Gokul Agro Resources LtdGokul Agro Resources Ltd
Company 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
Product Portfolio
The Company has 25+ products in its portfolio. {3 www.bseindia.com #} It includes brands like Vitalife, Zaika, Mahek, Richfield, Biscopride, Puffpride, and Pride
GOKUL AGRO RESOURCES LTDThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
GUKULAGRO: 120% ; ACHIEVED THE FINAL TARGETHELLO TRADERS!
This analysis was published 6 months back. Took more than expected yet, achieved the target of 100%. Stock is up by 140% now ;RR is 1:12. So exited 50% of total holding and leaving the rest for investment. That's the power and beauty of why we consider weekly charts.
Note: I'm closing this analysis. You won't get any further updates regarding this trade. Still you need any assistance can comment below.
I hope you enjoyed the ride.