GODFRYPHLP – Strong Momentum with Trend Reversal Signs
#GODFRYPHLP – Strong Momentum with Trend Reversal Signs 🚀
✅ Bullish Breakout Alert! GODFRYPHLP closed strongly on Friday with high volume, indicating strong buying interest.
Key Technical Highlights:
Strong Close: The stock ended the week on a bullish note with significant volume support.
Moving Averages: Closed above the 200MA and all major EMAs on the daily chart, reinforcing bullish momentum.
Demand Zone Reversal: The stock has bounced off a key demand zone, signaling a potential trend reversal.
Relative Strength vs. Nifty: Turned positive on the weekly chart, showing outperformance.
Trading Plan:
📌 Entry: Waiting for consolidation and a better risk-to-reward setup before entering.
📌 Stop Loss: Will be defined based on the consolidation structure.
📌 Confirmation Level: Watching for sustained strength above recent highs.
Final Thoughts:
With strong volume, bullish price action, and improving relative strength, GODFRYPHLP is on my watchlist. I will wait for a better entry point before taking a position.
📢 What’s your view on GODFRYPHLP? Share your thoughts below! 🔥
✅ Bullish Breakout Alert! GODFRYPHLP closed strongly on Friday with high volume, indicating strong buying interest.
Key Technical Highlights:
Strong Close: The stock ended the week on a bullish note with significant volume support.
Moving Averages: Closed above the 200MA and all major EMAs on the daily chart, reinforcing bullish momentum.
Demand Zone Reversal: The stock has bounced off a key demand zone, signaling a potential trend reversal.
Relative Strength vs. Nifty: Turned positive on the weekly chart, showing outperformance.
Trading Plan:
📌 Entry: Waiting for consolidation and a better risk-to-reward setup before entering.
📌 Stop Loss: Will be defined based on the consolidation structure.
📌 Confirmation Level: Watching for sustained strength above recent highs.
Final Thoughts:
With strong volume, bullish price action, and improving relative strength, GODFRYPHLP is on my watchlist. I will wait for a better entry point before taking a position.
📢 What’s your view on GODFRYPHLP? Share your thoughts below! 🔥
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