Ankushkokane

Trendline Breakout in GODREJ PROPERTIES

Long
Ankushkokane Updated   
NSE:GODREJPROP   GODREJ PROPERTIES
Trendline breakout with more than average volume can be seen in 1D timeframe Chart, can buy at CMP for the target shown in the charting. It has also reacted to the demand zone very well, took the support of important zones, may show good upmove after breaching the trendline resistance. Go long with the strict stoploss of 1300 level (only on closing below basis). Probable path is shown in the chart.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
Comment: Our 2nd target of 1443.50 lvl has achieved, would suggest to hold for the final target of 1572 levels. Trading is still active. Keep trailing stop-loss for better gains.
Comment: Our 3rd target of 1524.90 lvl has achieved, would suggest to hold for the final target of 1572 levels. Trading is still active. Keep trailing stop-loss for better gains.

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