Bearish Gartley observed in GODREJCP Wait for a strong terminal bar in hourly timeframe for entry Target 1 = 630, Target 2 = 603, SL = 722 Reward : Risk = 3 (approx) To repeat, stock is in strong uptrend, enter trade only if strong terminal bar is seen.
Trade active
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If close of today < gray area, then enter short trade. Time for some action now! Note - do not enter July contract as expiry is nearing.
Price has started moving flat since last 8-10 days in a channel. This shows weakening of uptrend. Waiting for price to come below gray channel marked on the chart for entry in trade.