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GODREJCP buy setup - simple 200 SMA/MACD strategy
GODREJ CONSUMER PRODUCTS
Long
GODREJCP buy setup - simple 200 SMA/MACD strategy
By k314
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Updated
Dec 3, 2018
7
Dec 3, 2018
Buy GODREJCP upon a close above 200 day SMA at 770.45
Targets open
SL: 753 for hyper conservative traders and a close back below 200 day SMA for the rest.
Dec 3, 2018
Trade active
entered at 771.50 at the last min of market close
Dec 3, 2018
Note
hold for a minimum target of 850. Later its upto individual's positional management strategy on managing this trade
Dec 5, 2018
Trade closed: stop reached
Booked loss at 763 after a close below 200 day SMA
Booked 8.5 points loss
Chart Patterns
GODREJCP
Technical Indicators
Trend Analysis
k314
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