Godrej Agrovet

 Godrej Agrovet

#Investment_Idea

Godrej Agrovet is brekiang out of a weekly trend line. At the same time it is clearing the 61.8% retracement of 2.5 years fall from 738 to 265. It is also trading above 78.6% retracement of Feb-2020 highs fall.



Godrej Agrovet is a buy at CMP and on all dips to 520-500 for targets of 636-676-738-800 in a period of 2-3 years. Stop loss however is not needed but if some one need it should be 450 on closing basis.


Disclosure: I am holding the stock in my long term Portfolio.

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