â Positional Trading opportunity ! weekly Chart Alert !!!â
--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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âTechnical Reasons to trade or Strategy applied :- â
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 .
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