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sumedhb100
Apr 27, 2022 4:29 PM

GODREJCP ready to move up Long

GODREJ CONSUMER PRNSE

Description

This stock has been in a downtrend. Few days earlier, it has broken out of trend reversal double bottom pattern. Also retested the the neckline couple of times. In fact, both the times, it went below neckline and again came up with a huge volume. This clearly suggest that strong buyers are standing below that level. The stock is consolidating near it's downward sloping trendline. After watching the huge volume near double bottom pattern, one can easily guess that this stock is getting ready to break that trendline and move higher. Swing traders must add this stock in watchlist.

Trade active

Trade closed: target reached

T1 reached

Trade closed: target reached

T2 reached
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