GODREJ PROPERTIES GODREJ PROPERTIES - Now Its Reverse Pall and Flag Pattern
AM SHARING MY VIEW ON Godrej Properties.
Its Consider After GOOD BREAKDOWN WITH VOLUME IN Reverse Pall and Flag Pattern,
SELL :- Below 1820
SL :- 1970-2000 for Short term AND Long Term
*** Target ***
1st :- 1660-65 ,
2nd :- 1570 (Small Hurdle)
3rd :- 1450
LONG Term SHORT LAST TARGET :- 1225-15
Just sharing my view on GODREJ PROPERTIES . Its for Learning Purpose .
"Passion with Chart, Know with Heartbin"
GODREJCP
Simple Trade Setup | GODREJCP | 18-01-2022 [INTRADAY]NSE:GODREJCP
Observations:
1) On 1 day time, we can see now it closed just at 200DMA.
200DMA is placed at 924.91 level.
From here we can expect a good move on either side.
Please refer below chart : 1day Time Frame.
2) On 1 hr time frame, we can see that is has been trading in range of 915-930.
For positonal trade if 1 hr time frame is giving breakout/closing on either side then we can see good move on that side.
Please refer below chart : 1hr Time Frame.
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Trade Setup for 18-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | GODREJCP | 10-01-2022 [INTRADAY]NSE:GODREJCP
Observations:
1) On 1 day time frame, it has been successfully trading above 50DMA.
But it is still below 100DMA.
50DMA is placed at 937.85 and 100DMA is placed at 992.77
Please refer below chart : 1 day Time Frame.
2) On 1 hr time frame, it has made bullish flag and pole pattern.
If it gives breakout of it and patterns get activated then we can see a good move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for 10-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
A small flag and pole in GODREJ CONSUMER?CHART -> Godrej Consumer DAILY SETUP
As seen per charts, there are few things to note:
1. Stock was first trading near 200 DMA and after that now it is consolidating near 100 DMA.
2. A small flag and pole pattern has been formed, with it is consolidating in between 975 to 945 range.
3. RSI is facing hurdle to go above 60.
A close above 975 or RSI above 60 will add further momentum.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Expecting a Bullish Move in GODREJCP As per the 2 Hour Chart of GODREJ CONSUMER, we can witness a Formation of “Bullish Harami” on the chart. Therefore, we are expecting a bullish momentum in GODREJCP in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 961.95, 968.25, and 976.40. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 946.70, on closing basis. Closing Price (as on 29.12.21) : 585.15
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
GODREJCP LONGI hope you can now see how GODREJCP represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
GODREJ CONSUMER looks good for short term gainCHART -> Godrej Consumer DAILY SETUP
As seen per charts, there are few things to note:
1. It was trading under a Bearish Trendline since 15th September, and now it seems to have came out of the Bearish Trendline.
2. A Morning Star can be seen while breaking out of the Bearish Trendline, with significant volume.
3. That breakout of trendline and morning star has formed at the support level of 200 Days Moving Average.
4. Stock is trading under a Darvas Box kind of structure with upper boundary of the box is around 960.
It should be a good buy when we get a daily close above 960 Rs, for a short term gain.
Simple Trade Setup | GODREJCP| 22-12-2021 [INTRADAY]NSE:GODREJCP
Observations:
1) On 1day time frame, it bounce perfectly from the 200DMA with increased in Volume.
Immediate resistance is at 950 level.
200DMA is placed at 900.04 level. Which will now work as major support.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 22-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Godrej Consumer Probably we have finished correction ?After making high it seems we are done with the FLAT correction (C) after a last leg 5 Red is finished as long as it doesn't extend much beyond 858.85 level.
AS the connect (B) Blue seems very shallow hence their is possibility of it making a bounce and forming new connector (c) blue which means we can even have one more leg Downside to complete the correction.
We will watch this stock how it performs.
Watch out for Godrej CP. Crucial level.GODREJCP Daily Chart Analysis:
This counter is trading currently at 20% down from its ATH. After the break down form the trendline, the price has fallen to its 200 EMA on Daily chart.
GodrejCP can prove to be a good swing trade with upside potential of 20-23%, if it takes support on this level and shows signs of reversal.
In case it closes strongly below 900, we might see the fall till the levels of 800.
Is trend reversing in Godrej Consumer?Is trend reversing in Godrej Consumer?
Reasons/Traits :
• Price is exactly at a point for breakdown of the trend (4th time trying to breakdown)
• 0.236 level will it break or take support to go up?
• Price about to touch 50 EMA
• Bullish since May
• RSI strength is reducing and is below 50
• Price is lower than previous higher highs
• Perfectly trying to reverse the wave trend
What can happen next :
Scenario 1 : Price sustaining 0.236 level can go up to 1140 and up taking 50 EMA support
Scenario 2 : Price break down of trend or 0.236 levels go to 0.382/0.5/0.618 levels to meet 200 EMA
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
GODREJCP - Swing Trade AnalysisGODREJCP is at the critical level.
Any side move can give it good momentum.
Trade with proper risk management and strict stop loss.
NOTE-
We are not SEBI registered.
This is only for educational purpose.
Please consult your advisor before making any trade or investment.
GODREJCPNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
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Keep an eye ladies and gentlemen. Cheers and Happy Trading