GODREJPROP at Confluence of SupportsGODREJPROP chart on the weekly time frame is holding at a bunch of old supports. The stock is bouncing off its 200WMA from where it has bounced every time it has touched, since the beginning. The stock is also bouncing off 1225 support/resistance zone.
Looks like a great buying opportunity for 1-2 years for the stock to go up and ultimately reach its all-time high zone of 2600. Stop loss at risk-management zone of 1130.
200ma
Bindalagro Hourly breakout of zone.. looks bullishBindalagro Hourly chart has breakout of zone.. Having 200 ema support.. Good to buy at 30.60 for target of 34,36 with sl at 28.60
Compusoft Daily looking bullishCompusoft daily.. on Monday there was upper circuit to the stock. The big bullish candle crossed 200 ema on daily chart.
There is a buying seen from the buying zone.
Good to buy at 23.60 for target of the slanting trendline i.e. 29.75 with SL below hammer i.e. 20.
Looks more bullish if the trendline is break. Can buy half of the qty and if the trendline breaks can buy another half qty with trailing SL below trendline.