Long Godrej Properties

Gaurav_Kumar01 Updated   
Godrej Properties is look good to buy. Selling pressure is reduced from the stock. Currently Stock is taking rejection from 200 EMA and support near the 1150 price level. Currently, 1150 INR is looking for good support for the stock and in the last trading price closed crossing 30 EMA. CMP is a good price to go long in the stock because here risk-reward is favorable.
As per the Fibonacci tool, we can consider 1450 INR 1st the target and 1650 INR second target.
Trade closed: stop reached:
SL has been hit in this trade. On 22nd Feb'2023


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