Strong possibility of the strong up move, GODREJCP has formed an inverted H&S pattern and trading above 200 EMA line. . After showing a strong rejection from upper levels there might be a possibility of buyers accumulation for 2-3 days given that positive momentum in nifty sustains and soon there will be a breakout soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.