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Godrejcp | Inverted Head & shoulder Breakout 🎯

Long
NSE:GODREJCP   GODREJ CONSUMER PR
⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕

-- Buy above =767 or CMP
--Target = 850 | 898
--Stop-loss =716
--R:R =2.55
--Expected Profit = ( 16% )
--Expected Holding = 1-3 Months only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) stocks has given the Breakout of major resistance & retested is DONE
2) Head & Shoulder Formation & its breakout
3) there is a ascending triangle pattern sort of
4) Volume is very perfect at the time of breakout & after the retracement as well
5) Targets is based on S&R zone rather than pattern's height

Guys check out the related ideas as well, it will work really well GUARANTEED !

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✍COMMENT Below your view !
Order cancelled: The stock didn't active .....given the pattern breakout & retested to the same level but no bullish sign afterward