Amit_Ghosh
Long

Godrej Industries Support Idea

NSE:GODREJIND   GODREJ INDUSTRIES
1. Wait for a formation of green candle.
2. Enter at the high of the candle (if breached) next day with low of that candle as stop loss.

The trade has not triggered yet!
Comment: Tomorrow this trade can trigger. Keep eye.
Comment: Trade is active.
Trade closed manually: Not comfortable at current levels. I have closed it and waiting for re-entry.
I think this news has already started negative effect on the run. (https://timesofindia.indiatimes.com/business/india-business/well-miss-10bn-sales-target-of-2020-godrej/articleshow/61147160.cms)

So one green candle may not be enough and eventually it may be symmetrical triangle break down.

Your view ?

Reply
Amit_Ghosh ankit_sorathiya
@ankit_sorathiya, Let's see. It is not about the green candle. It will be consolidating for a while.
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