GODREJCP | Falling wedge breakout - Looks potential for 20% Long

GODREJ CONSUMER PRNSE

Description

⋅ Dec 1, 2021 7:14 AM

GODREJCP | Falling wedge breakout - Looks potential for 20%

CMP : 940
SL : 875
Target : 1000, 1130

1:3+ risk reward setup (2nd target)

Comments

RevoltTrading

⋅ Dec 14, 2021 7:31 AM

Bro, Are you still holding the position?

srikartiram

⋅ Dec 14, 2021 7:34 AM

@RevoltTrading, Yes bro. Its my fav stock. You can consider switching if the momentum is not favourable to you.

RaviBhandari

⋅ Dec 1, 2021 1:32 PM

Bro, looking at market condition and also keeping mind in huge gap up on 12 May 21, it may retest. What is your view.

srikartiram

⋅ Dec 1, 2021 1:59 PM

@RaviBhandari, Yes bro true. Gap filling is very much possible. I'm holding since last year. Just averaged some more here with new stoploss for the new position. So shared. If breakout fails and reverses i will exit the latest position.

RaviBhandari

⋅ Dec 2, 2021 1:35 PM

@srikartiram, Thanks a lot Sri Bro. Your view had give me confidence. Great.

abhinashm144

⋅ Dec 1, 2021 8:12 AM

Thanks brother 😊