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Unite Technologies Financial

18th Aug · SEBI-Registered Analyst

Technical Analysis Gokul Agro Resources

The stock

GOKULAGRO
is showing a bullish recovery trend on the daily chart. After forming a strong base around ₹205–210 the stock has recovered sharply and is now trading near ₹237. The recent structure shows higher highs and higher lows indicating buying interest although the stock is currently consolidating near its previous resistance zone. Support & Resistance immediate support is around ₹230–225 followed by stronger support near ₹215–210. On the upside ₹240–245 is the immediate resistance zone. A sustained breakout above ₹245 with strong volume can open the way towards ₹250–260. Short-Term Outlook: The setup remains positive but slightly volatile near resistance. Fresh buyers can look for a breakout above ₹245 or accumulate on dips near ₹225–230. Existing holders can continue holding with a trailing stop-loss around ₹215. A decisive close below ₹210 would weaken the current bullish structure.

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