KausthubRao

go long on godrej Properties

Long
NSE:GODREJPROP   GODREJ PROPERTIES
The day candle have give inverted hammer suggesting change in trend. This is going to form a cup and handle and breakout. All it needs is huge volume . The third attempt to raise the price with volume has failed, it still I waiting to raise with volume . If it manages to break 925 it will lead to 1049. entry point after breakout with stop loss of 899 on closing basis. Or buy now with a stop loss of 858 or below on closing basis with 1% safety.

Target 1 from before break out: 925
Target 2: 1048

All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own risk.

Be safe, and good luck for your Investments.
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