Buy Godrej Properties, target 2736, timeframe 2-3 months
Godrej Properties completed its first impulse after the Sep'24-Mar'25 correction on 10 June '25 and has been undergoing correction (possibly) in the form of a zigzag.
There is a good possibility that wave C of the zigzag has been completed at fibo 0.382 of wave 0-3. One may reasonably assume that the next wave could be of minimum 78.6% of the impulse that has been completed which gives a target of 2736.
Maintain stoploss of 2180.
Happy Trading!!
There is a good possibility that wave C of the zigzag has been completed at fibo 0.382 of wave 0-3. One may reasonably assume that the next wave could be of minimum 78.6% of the impulse that has been completed which gives a target of 2736.
Maintain stoploss of 2180.
Happy Trading!!
Trade active
Nuvama's downgrade may have an effect on the stock today. But technical levels hold the same. Stock may take support at any of the fibo extension levels. It is suggested not to consider a trade today. (9 July)
ChartTheWave |
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
ChartTheWave |
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.