GODREJAGRO – Base Breakout Attempt | Sector Tailwind

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📈 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.

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