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k314

GODREJCP buy setup - simple 200 SMA/MACD strategy

Long
GODREJ CONSUMER PR (NSE:GODREJCP)  
k314 Updated   
NSE:GODREJCP   GODREJ CONSUMER PR
Trend Analysis Chart Patterns Technical Indicators GODREJCP
7
0
trendanalysis chartpattern indicator godrejcp
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.
Trade active:
entered at 771.50 at the last min of market close
Comment:
hold for a minimum target of 850. Later its upto individual's positional management strategy on managing this trade
Trade closed: stop reached:
Booked loss at 763 after a close below 200 day SMA
Booked 8.5 points loss
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