Godrej Properties: Elliott Wave View (Update)
Updated
Godrej Properties has shown good strength for its upside. It has also formed an interesting structure
at the bottom which is called inverse head and shoulder. The breakout of the neckline may further accelerate the move
towards our fist target of 1494 and breaking that will achieve our ultimate target of 1553 of our internal wave 3. Staying
with the stock may generated good returns in short term.
Wave counts internal waves for other wave count you can visit the last analysis of the Godrej properties,
Thank you.
at the bottom which is called inverse head and shoulder. The breakout of the neckline may further accelerate the move
towards our fist target of 1494 and breaking that will achieve our ultimate target of 1553 of our internal wave 3. Staying
with the stock may generated good returns in short term.
Wave counts internal waves for other wave count you can visit the last analysis of the Godrej properties,
Thank you.
Note
Looking firm above 1420Note
Need not panic...!Note
Target of 1550+ is still intactNote
Once again entry is possible in GP
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