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.
GODREJ CP has been moving in a slow up channel since six months.Currently on the edge, awaiting a breakout or reversal
hi, explained in the charts
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
GODREJCP broke out of the channel and currently retesting the edge, for a possible bounce up or a breakdown
hi, explained in the charts
hi, explained in the charts
Short GODREJCP below 940 Target:875 SL: 975
broken out,look for targets of 2040 in the coming few days,sl 1955
GODREJCP is forming megaphone pattern on hourly chart SL: 1790 target1 : 1950 target2: 2025