GODREJCP
Updated
It has been moving in a bullish parallel channel for past a month and may still see an uptrend in the coming days/weeks but for now it has broken a wedge.
If the market stays bullish we can see an upward movement from here (breakout) , otherwise a downward rally (as follows) : -
Resistance - 1) 678 2) 700 (Strong Resistance)
Support - 1) 644 2) 635 (Strong Support)
DISCLAIMER : I am new at this, learning and have a long way ahead, so trade at your own risk !!!!
If the market stays bullish we can see an upward movement from here (breakout) , otherwise a downward rally (as follows) : -
Resistance - 1) 678 2) 700 (Strong Resistance)
Support - 1) 644 2) 635 (Strong Support)
DISCLAIMER : I am new at this, learning and have a long way ahead, so trade at your own risk !!!!
Note
RESISTANCE AND SUPPORT are the target for your trades, BULLISH(*Tgt 1 - 678, Tgt 2- 700*) AND BEARISH(Tgt 1 - 644, Tgt 2 - 635) accordingly.// Target 1 achieved
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