NSE:GODREJCP GODREJ CONSUMER PR
Bullish Divergence noticed in GODREJCP along with Bullish crossover (%K line rises above %D) and bullish MACD crossover (MACD crossing above signal line). Bullishness should remain for next week (26thFeb to 2nd March) that can take stock to 1070, 1092 & 1128 levels.
Kindly maintain a stop loss of 1020
Target 1 reached. 1070 level maintained.
Reached just 1 point below Target 2 i.e. 1092 and then came back to 1082. Need to wait for Target 2 of 1092!
Breached 1092 level finally. Now heading towards target 3 of 1128. Please move the stop loss to 1070.
Price not staying above 1092. We can wait for further attempts. We will still stick to the stop loss of 1070.
Defying all odds (Nifty falling by 80 points) its still moving up. We will update stop loss, once it crosses 1100.
Stock loss of 1070 may get trigger. Stock reached 1079
Trade closed: target reached:
Stop Loss of 1070 triggered on 03:15. Both Target 1 & Target 2 were achieved. But profit was obtained only on Target 1 (updated stoploss).