Godrejcp is closed at trndline itsef with volume. FMCG pack is not looking so bullish,so 722-723 may act as resistance. Buy can only be initiated above this level for the target of 750 and more
#GODREJCP if closes above 720 will signal a break out from the consolidation & can go towards 770.So can be bought if closes above 720 for a target of 770.
It is satisfying all the rules which we follow : 1. Always buy/sell with the trend. 2. Always wait for the last kiss/breakout. 3. Always buy the second candle after retest. Please follow the marked levels to book profit .
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Godrej Consumer Products has broken out from a triangle pattern on 15 mins time frame. Initiate long. Target : 675 Stop Loss : 650
Hypothetical Case. If This happens then wonderful opportunity to go short.
GodrejCp gud by abv 875. Can test 934. Sl-851. Sell below 851 for 828.