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Piyush-Gupta

GODREJCP - Support Breakdown possible

Short
GODREJ CONSUMER PR (NSE:GODREJCP)  
Piyush-Gupta  
NSE:GODREJCP   GODREJ CONSUMER PR
Chart Patterns
28
1
chartpattern
GODREJCP is testing is support zone at 750 repeatedly. There are high chance that it breaks it support tomorrow for possible short trade.
Sustaining below 745-748 is very critical as false breakdown are common to trap traders.
In case of gapdown, wait for pullback till 745-748 and once stock start falling, it will give good RR trade.

Entry below 747

Thanks
Piyush Gupta
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