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GODREJCP - Trend from downtrend to sideways.
Down Trend Breakout &
Near multi support
Buy now & till 660
SL closing below 635
T 725, 760, 825
Only for Study Purpose
refer chart for details
A possible harmonic pattern is on it's way. This finishes at 785.45-795.90 and from there a reversal confiemation.
Another one from the FMCG pack..Keep an eye on this one.
Possible triple bottom with triangle pattern!!
GODREJCP (Godrej Consumer Products Limited) SELL BELOW 696.5
A breakout near this 728.30 area will initiate a buy with a target of 748+ and an exhaustion ill make a short side trade, with a target of 710.
Buy GODREJCP upon a close above 200 day SMA at 770.45
SL: 753 for hyper conservative traders and a close back below 200 day SMA for the rest.
GODREJCP weekly chart analysis - Break or bounce
Godrejcp - buy for target of 814,830 SL -794
GodrejCP can be shorted for September Series. Its bit risky, keep SL tight.