📈 GODREJ AGROVET (GODREJAGRO) – Base Breakout Attempt | Sector Tailwind
🔍 Technical Overview:
Attempting a breakout from a broad base structure.
Entry: Above ₹814 only if accompanied by strong volume.
Current volume is picking up, but a decisive spike is still awaited for confirmation.
A VCP (Volatility Contraction Pattern) was forming earlier, but recent market volatility disturbed the structure — hence, wait for a clean breakout.
📊 Price Levels:
📍 Entry Trigger: ₹814+
📍 Stop Loss: ₹734.50 (around 10% risk, on closing basis)
📍 First Resistance / Target: ₹879.50 (previous ATH)
🎯 Strategy:
Position Sizing is crucial. Risk 1–1.5% of your capital depending on your style.
Gradual buying is advised. Avoid full allocation on a single entry.
Add on strength if price crosses ₹879.50 cleanly with strong volume.
🌾 Sector Outlook:
Agro / Fertilizer / Agrochem sectors are showing early strength amid broader market uncertainty.
Tailwinds include food security, rural demand, and government focus on the agri sector.
🌐 Macro View:
2025 remains highly unstable globally (geopolitical tensions, macro uncertainty).
Shakeouts and pullbacks are common — hence, disciplined risk management is imperative.
"In unstable markets, discipline is your best edge. Protect your capital, let opportunities come to you."
⚠️ Disclaimer: This analysis is for educational purposes only and not a recommendation to buy or sell. Always do your own research or consult your financial advisor before investing. Manage your risk as per your trading style.
🔍 Technical Overview:
Attempting a breakout from a broad base structure.
Entry: Above ₹814 only if accompanied by strong volume.
Current volume is picking up, but a decisive spike is still awaited for confirmation.
A VCP (Volatility Contraction Pattern) was forming earlier, but recent market volatility disturbed the structure — hence, wait for a clean breakout.
📊 Price Levels:
📍 Entry Trigger: ₹814+
📍 Stop Loss: ₹734.50 (around 10% risk, on closing basis)
📍 First Resistance / Target: ₹879.50 (previous ATH)
🎯 Strategy:
Position Sizing is crucial. Risk 1–1.5% of your capital depending on your style.
Gradual buying is advised. Avoid full allocation on a single entry.
Add on strength if price crosses ₹879.50 cleanly with strong volume.
🌾 Sector Outlook:
Agro / Fertilizer / Agrochem sectors are showing early strength amid broader market uncertainty.
Tailwinds include food security, rural demand, and government focus on the agri sector.
🌐 Macro View:
2025 remains highly unstable globally (geopolitical tensions, macro uncertainty).
Shakeouts and pullbacks are common — hence, disciplined risk management is imperative.
"In unstable markets, discipline is your best edge. Protect your capital, let opportunities come to you."
⚠️ Disclaimer: This analysis is for educational purposes only and not a recommendation to buy or sell. Always do your own research or consult your financial advisor before investing. Manage your risk as per your trading style.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.