ReviveTraders

GODREJIND | Inverted Head & Shoulder pattern | 44 %🎯

Long
ReviveTraders Updated   
NSE:GODREJIND   GODREJ INDUSTRIES
â­• Positional Trading opportunity ! weekly Chart Alert !!!â­•

--Buy above =454.30 or CMP
--Target = 543 | 656.30
--Stop-loss = 382.50
--R:R =2.81
--Expected Profit = ( 44% )
--Expected Holding = 1-3 Months only

#ThankU For Checking Out Our Content , We Hope U Liked IT đź“Ś

======================================================
â­•Technical Reasons to trade or Strategy applied :- â­•

1) Godrejind has formed inverted head & shoulder pattern
2) Prior trend was down
3) volume activity is increasing from some time
4) target is based on resistance levels & pattern height
5) same pattern can be seen in godrejcp and godrejagro
6) wait for the pattern breakout & retest

Guys check out the related ideas as well, it will work really well GUARANTEED !

🙏FOLLOW for more !
đź‘ŤLIKE if think is useful !
✍COMMENT Below your view !
Trade active
Trade closed: target reached:
1st TGT achieved
Disclaimer

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.