GODREJCP- Bull Trap to Breakdown SELL!

Updated
Attached: Daily Live Market Chart as of 25th April 2023

Price put in a Breakout and turned out to be a False Breakout triggering a Rising Wedge Breakdown instead
Targets mentioned in Chart, Stop Loss as per Risk Appetite or today's High
Trade closed: target reached
Update

1st Downside Target 🎯 @ 944 Met✅
Next Target🎯 is 925....

Today Price has also hit the Lower Bollinger Band

You can either close it or ride further for the 925 Target
breakdownbulltrapChart PatternsGODREJCPRising WedgeTrend AnalysisWave Analysis

Siddharth Bhansali

✔️Twitter Handle @T_Harth

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