s.arun.natesh

Godrej Industries - Solid foundation, Go Long

Long
NSE:GODREJIND   GODREJ INDUSTRIES
Currently, the stock is pushing above the 38.2% retracement of the month high to low.
Last 3 -4 candles have exhibited higher lows with similar tops.
Volumes have been high and there's a lot of accumulation at these levels.
Market Facilitation Index is indicating a reversal of the downtrend.
Also, the stock has settled comfortably above a Gann resistance level ...
Long with a target of 460-470

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