#Godrej Properties showing strong signs for medium to long term.
#After a solid bull run since April 2023, consolidating for the past four months while maintaining a bullish structure.
#Weekly charts indicate a change-in-polarity pattern at Rs 1,500, confirming bullish sentiment.
#Detailed daily analysis reveals consistent trading above key moving averages and a bullish higher top higher bottom pattern.
#RSI consistently above 55 on all time frames, signaling a durable positive momentum.
#Anticipate upward movement with a potential target of Rs 2,125-2200. Recommend a stop-loss at Rs 1,500 for risk mitigation.
#CMP: 1784
#Potential Long Entry: 1800
Target 1: 2000-2050
Target 2: 2125-2230
Target 3: 2440-2490
#Stoploss: 1500
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join using details mentioned below the idea.
=> # Try our recently published indicators from the profile section if you find it useful give it a like.
=> # Follow us for more such information, educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Trade active
Note
Godrej Properties can also be considered as one of the Diwali Stock Picks.
Note
started flying !! High made 18888 till now.
follow us for more such ideas regularly.
Note
high made 1914.
Note
high made 1955 till now.
Note
stock price is moving just the way it was planned !
Target 1 hit, high made 2062 till now from suggested long entry at 1800.
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.