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
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.
