Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 14-Jun-2018 for GODREJCP
Sell Below(5Min candle close): 1166.1 for targets -
T1: 1157.4
T2: 1152.1
T3: 1146.6
SL: 1175.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you...
GODREJCP is giving a good breakout. A Fundamentally strong company, leading stock in it's sector, good stock for your portfolio. expecting target 1365(20% UPSIDE) in short to medium term.
DISCLAIMER APPLIES
GODREJCP has been moving in a very narrow range for couple of days making a small bodied range. Probably building the Potential Energy soon to be converted into Kinetic Energy.
ALso ARVIND-->
and PVR-->
GODREJCP has been trading within the channel since mid 2009. Currently its finding support at the channel bottom.
Investors/positional traders can consider this as a buying opportunity as long as the channel bottom supports the price action.
PS: Please use this idea in addition to your analysis.
GODREJCP has been respecting neckline for a while making nice accumulation/distribution zones.
Currently on the neckline awaiting breakdown/reversal on account of new GST Rates.
GODREJCP is back on testing a support/res level. A break about it can push it to test the lifetime highs again.
or it can revers to make another leg down
