Godrejagro | Inverted head and shoulder & Trendline reistance 🎯

⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕

--Buy above = 547.85or CMP
--Target =617.50 | 715.25
--Stop-loss = 495.15
--R:R =3.15
--Expected Profit = ( 30% )
--Expected Holding = 1-3 Months only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Godrej agrovet has formed inverted head & shoulder pattern
2) trendline resistance is already broken
3) volume activity is increasing from some time
4) target is based on resistance levels & pattern height
5) same pattern can be seen in godrejcp .

Guys check out the related ideas as well, it will work really well GUARANTEED !

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הערה:

wait till the budget , market is correcting because of some profit booking

הפקודה בוטלה:

AS I said in the above line, wait till the budget ....so didn't get the opportunity to buy after that the budget