After making high it seems we are done with the FLAT correction (C) after a last leg 5 Red is finished as long as it doesn't extend much beyond 858.85 level. AS the connect (B) Blue seems very shallow hence their is possibility of it making a bounce and forming new connector (c) blue which means we can even have one more leg Downside to complete the...
GODREJ CP IN A RISING CHANNEL ON THE LOWER LEVEL SUPPORT GOOD LEVEL TO BUY WITH 1:3 RISK TO REWARD
GODREJ CP - SHOWING SIGNS OF WEAKNESS SELL AT HIGHS NEAR 685 - 690 AREAS SL ABV 700 FOR TGTS NEAR 650
GODREJ CP -SHOWING SIGNS OF SELLING CLIMAX NEW BUYING VOLUMES ARE EMERGING AGAIN SOON CAN SHOW UPSIDE MOVE IF IT HOLDS 660
Multiple hammer build-up co-inciding with resistance levels per daily and weekly candles. With overall market view expected to be downward, this could be a good trade.
Targets are blue line ,SL must 670