Godrej industries is trading in upward channel on monthly chart.
if it is give close above 435 is is good buying opportunities.
target minimum 10% upside
enjoy this trade
It is been observed that in the range of 1550-1565, there is a high selling pressure that takes the prices down to lower levels. Today price action showed tremendous weakness at that range level that formed a long red candlestick with a upper wick showed price rejection on higher levels. I would recommend shorting it for a while until the price action breaks above...
