Godrej 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 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.)
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 !!
GODREJCP 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.
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...
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...
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...
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...
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...
I 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...
CHART -> 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...
Godrejcp - Triple Bottom pattern marked at support levels. Neckline yet to be broken. RS line is increasing, on the verge of moving above 0. Moved above 200 DEMA and 50 DEMA. Will keep on watchlist.
Only for educational purposes, not a recommendation.
![GODREJCP: Simple Trade Setup | GODREJCP | 18-01-2022 [INTRADAY]](https://s3.tradingview.com/a/aG86U9jW_mid.png "Simple Trade Setup | GODREJCP | 18-01-2022 [INTRADAY]")
![GODREJCP: Simple Trade Setup | GODREJCP | 10-01-2022 [INTRADAY]](https://s3.tradingview.com/b/BajAIOF0_mid.png "Simple Trade Setup | GODREJCP | 10-01-2022 [INTRADAY]")
