GODREJCP POTENTIAL BREAKOUT ABOVE 957GODREJCP dailychart can be seen forming Cup and Handle Pattern. A potential breakout can be seen above 957.
Disclaimer- This trade setups is for educational purposes only.
GODREJCP
GODREJCP - price is trading close to its support levelGODREJCP - Price is taking upport on its Demand Line, and the current trend is positive. RSI Bullish Divergence and price action indicating strength.
This trade will be low risk and great reward, in my viewpoint.
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GODREJCP_GOOD BUYING OPPORTUNITYGodrejCP looks good on chart to go long.
Please do your analysis before entering into trade. (For educational purpose only)
Hold - godrej consumerDon't panic if you have Godrej Consumer in your portfolio.
Why is the stock price falling?
The stock price is declining. Because Godrej Consumer's management recently published a report in which they stated that "may be in Q2FY23 EBITDA margin can go down due to commodity price and inflationary pressure."
GODREJCP ready to move upThis stock has been in a downtrend. Few days earlier, it has broken out of trend reversal double bottom pattern. Also retested the the neckline couple of times. In fact, both the times, it went below neckline and again came up with a huge volume. This clearly suggest that strong buyers are standing below that level. The stock is consolidating near it's downward sloping trendline. After watching the huge volume near double bottom pattern, one can easily guess that this stock is getting ready to break that trendline and move higher. Swing traders must add this stock in watchlist.
GODREJCP - Ichimoku Bullish Breakout Stock Name - Godrej Consumer Products Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 951
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Godrejcp for 12th Aug 2022Key Reference Points for Godrejcp12th Aug 2022.
I am not Sebi registered. This idea is for education and research purposes.
Godrejcp Fut for tomorrowKey Reference Points for Godrejcp Futures for tomorrow i.e. 7th Aug 2022.
These Reference Points can help one to initiate or exit a trade.
I am not Sebi registered.
This is for education and research purposes.
GODREJCP; PERFECT 30 PERCENT SETUPPERFECT setup for 30 percent gains; overall FMCG is bullish ; KEEP ON TRACK
GODREJCP - Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
GODREJ CONSUMER looks goodChart -> Godrej Consumer Daily
After a downtrend with dried-up volumes, the stock was consolidated for 4 months and now has given a breakout with good volumes.
CMP: 880
Good to buy around: 850
Targets: 947, 977, 1007
SL: 820 on a closing basis
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
GOdrej Consumer will you take it ?NSE: GODREJCP
If Breaks Then The Targets could be Taken at 892
Time Frame :- 1 Hour
Patterns Name :- Inverse Head and Shoulders
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
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TATACHEM @ Support !!NSE:TATACHEM
#NSE:TATACHEM trading @ key support and BD confirmation may show good fall.
Happy LEarning !!
GODREJ CP - Possible DowntrendCurrently in Head & Shoulder Pattern
Bearish only below 750 area
Targets up to 660 areas
Wait for breakdown and pullback
GODREJCPSwing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
Godrej Consumer Products Ltd - 27.05.2022Godrej Consumer Products Ltd - 27.05.2022
The stock is trading @ 784 levels
The prices are above EMA
There is a SPINNING TOP & DOJI in Daily Chart
There is a HAMMER in Weekly Chart
There is a STRONG SUPPORT @ 751 levels
The ideal buy entry is 777 & above
Watch out for the price action
GODREJ CP LOOKS BULLISH - CUP AND HANDLE PATTERNGODREJ CP looks bullish above 830.
we can see cup and handle patten in daily chart. we can also see longterm down trend breakout. after trending above 830, we can see more upside.
Entry - 831
Target - 910 , 945
sl - 790
(Educational purpose only.)
GUJGASLTD shared yesterday Blasted with 17.5k/lot 👍NSE:GUJGASLTD
#GUJGASLTD chart shared with levels and it successfully bagged 17.5k/lot ✅
Wish everyone bagged decent amounts and with good learning experience 👍
Check out other stock performance too and don't loose your hard earn money with blind trades 🤝
Happy LEarning !!
Godrej Cphigh : 15/09/2021 : 1,138.00
low : 23/03/2020 : 425.10
75 % : 959.77
50% : 781.55
25% : 603.32
GODREJCP LONGGODREJCP LONG
Accumulation levels - 704 - 721
Came to fill the gap. Upmove expected in short term.
Targeting 840 levels in short terms.
Just a view. No recommendations.
