BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GODFRYPHLP
BUY TODAY SELL TOMORROW for 5%
GODFRYPHLP
Market breadth improved. Positive Nifty. So as we analysed yesterday – NSE:NIFTY gave a good move today. The higher buyers’ volume from yesterday reflected well and the index managed to close above the critical resistance of 25000.
But here’s the catch – even with such a strong closing, there’s no sign of fresh buying in Nifty. Today’s move was mostly due to short covering.
If we look at the data, most of the buying in the market is coming from retailers’ SIP flows. Mutual funds are doing the bulk of the buying, while FIIs continue to short and remain heavily bearish on Index Futures.
The good part is – all that FII selling is being absorbed by DIIs.
Now let’s talk about tomorrow's market view:
Nifty’s pivot has moved slightly higher to 25023 – that’s a positive sign. Pivot percentile is tight at 0.11%, which usually signals that a sharp move is coming.
Buyers also beat sellers by 41 million in volume – again, a good signal.
So tomorrow, two scenarios to watch:
1. If the market opens above the pivot and sustains, a sharp move can come.
2. If it touches support at 24950, bounces back, and sustains above the pivot for an hour – then also a sharp upside is likely.
But remember, if Nifty opens below the pivot and stays under 25009, we could see a quick downside spike. Since tomorrow is expiry, I’m keeping both possibilities in mind.
That said, my view remains bullish. If any opposite move comes, I’ll treat it as a buying opportunity – no need to panic.
Next resistance is at 25222 and support is at 24950. Market breadth is also positive.
NSE:BANKNIFTY is facing resistance at 56098. Only a break above this can give momentum. One point to note – sellers’ volume in BankNifty was 5 million higher than buyers today, so keep that in mind for tomorrow.
On the sectoral side – NSE:CNXFINANCE and Fertilizers look good for tomorrow. And IT – like I mentioned earlier – when the market bounces, NSE:CNXIT will be the first to move up with strength. It’s already performing well, so keep a close watch there.
How my recent trades performed today:
1. NSE:OLAELEC up 18.69% 🚀
2. #ANTHEM gave 4%+ intraday
3. NSE:GODFRYPHLP up 12.83%
4. #SWIGGY up 2.77%
That’s it for today. Take care and have a profitable tomorrow.
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 6771
Next Resistance is at 9804
Support is at 4339
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Godfrey Philips cmp 8942.50 by Daily Chart viewGodfrey Philips cmp 8942.50 by Daily Chart view
- Support Zone 8450 to 8650 Price Band
- Resistance Zone 9150 to 9400 Price Band
- Rising Support Trendline has been well sustained
- Price reversing basis Support Zone test retest over past 3 days
- Volumes attempting sync with avg traded qty thou the profit booking
- Technical Indicators BB, EMA, SAR, MACD, RSI, SuperTrend turning positive
Identical patterns in Godfrey Phillips and Swan EnergyI showcase two identical patterns in Godfrey Phillips and Swan Energy in this video. I had previously traded Swan Energy, and because I journal my trades, I remembered its price action when I spotted the same setup in Godfrey Phillips.
This is the power of journaling! By maintaining a trading journal, you track your profits and losses and improve your ability to recognize repeating patterns and backtest data effectively.
Do you maintain a trading journal? Let me know in the comments!
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 4971
Next Resistance is at 6771
Support is at 3647
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 4339
Next Resistance is at 4971
Support is at 3317
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 3317
Next Resistance is at 4339
Support is at 2294
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Godfrey Phillips India - Long Setup, Move is ON...#GODFRYPHLP trading above Resistance of 2294
Next Resistance is at 3317
Support is at 1664
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GODFRYPHLP | Positional Trade📊 DETAILS
Sector: Cigarettes/Tobacco
Mkt Cap: 13,913 cr
Godfrey Phillips India is one of the leading FMCG Companies in India - flagship company of KK Modi Group. They have many iconic cigarette brands like Four Square, Red & White, and Cavanders to its name. It also have an exclusive sourcing and supply agreement with Philip Morris International to manufacture and distribute the renowned Marlboro brand in India.
TTM PE : 17.05 (High PE)
Sector PE : 21.89
Beta : 0.60
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
2.67% away from 52 week high
Outperformer - Godfrey Phillips India up by 19.31% v/s NIFTY 50 up by 2.48% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
GODFRYPHLP | Mini Swing Trade📊 DETAILS
Sector: Cigarettes/Tobacco
Mkt Cap: 11,621 cr
Godfrey Phillips India is one of the leading FMCG Companies in India - flagship company of KK Modi Group. They have many iconic cigarette brands like Four Square, Red & White, and Cavanders to its name. It also have an exclusive sourcing and supply agreement with Philip Morris International to manufacture and distribute the renowned Marlboro brand in India.
TTM PE : 14.48 (Average PE)
Sector PE : 18.70
Beta : 1.28
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
6.66% away from 52 week high
Outperformer - Godfrey Phillips India up by 5.62% v/s NIFTY 50 down by -2.07% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
GODFRYPHLP | Good for Long NSE:GODFRYPHLP
Reason for Trade : Weekly / Monthly BO
Cmp : 1400
Entry : Cmp or near 1370
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
GODFRYPHLP - Ichimoku Bullish Breakout Stock Name - Godfrey Phillips India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1600
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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GODFRYPHLP - Breakout of Big Triangle Pattern - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
GODFRYPHLP Can Become Bull BullDisclaimer: I am not a financial advisor, all information shared are ideas shared, take your entries based on your own analysis or taking advise from your registered financial advisor. We are not responsible for your profit or loss if you take up idea from this chart.
Take your decision. Good luck