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Garey_Singh
Jul 14, 2020 7:53 PM

GODREJCP - INSIDE BAR PPATTERN 

GODREJ CONSUMER PRNSE

Description

#GODREJCP

- FORMED AN INSIDE BAR PATTERN IN DAILY
- MOVING IN A NARROW RANGE
- TOOK RESISTANCE FROM 100EMA

INDICATORS ARE NEUTRAL.

BUY ABOVE THE TRENDLINE
SL 688
TGTS 705/710/ 715.5/ 721

SELL BELOW 688
SL 698
TGTS 685/ 674/ 669

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
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