GODREJ PROPERTIES LTD
Long

A fast rally to the highs in the making

he stock retraced 61.8% of a major swing. This is a first indication that the trend is intact but weakening. Hence the rally has to be sold into. Elliott- The first correction to 1041 was wave A. Now wave c of B will likely go all the way to 2240. This is also the zone where wave c is equal to wave a. In my view this will be the best exit.

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