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GODREJCP

GODREJCP, long position. Positional Target 1200/-Looking at the FMCG sector and the overall market scenario, Godrejcp is a good bet, as it is underperforming amongst it peers which are already making all time highs. It is widely known, that if and when the market gets greedy FMCG sector is a safe place to invest in. Hence, it will be one of the factors that will give it a decent move and support in case the market goes for profit booking. Right now, CMP is 1055/-. And the stock is trading at the edge of a continuous parallel channel and has a strong support at 1020-1030. Positional trade for a month is recommended for the TARGETS OF 1200/- (within 3-4 weeks) with a SL of 1022/-. INVEST WISELY.
NSE:GODREJCPLong
by ashu1111111111
GODREJCP : Ending Diagonal This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp reversal takes place which bring the prices back to the level from where the diagonal began. Properties of ending diagonal : Wedge shaped structure (in case of contracting diagonal). The subwaves of all the five waves should be in three wave structure. Wave 3 should be shorter than wave 1 | Wave 5 should be shorter than wave 3 | Wave 4 should be shorter than wave 2 Trading Strategy : Sell near 1000-1005. keep stop loss of 1025 and look for the target of 940/900/875
NSE:GODREJCPShort
by TradingSutra
Target 2 (31%) achieved in Godrej Consumer. Target 3 is ON...This is follow-up on Godrej Consumer Products. Can check link to related ideas. Target 2 achieved. More than 31%. Target 3 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:GODREJCPLong
by MandeepSinghKohli
Simple Trade Setup | GODREJPROP | 03-08-2021NSE:GODREJPROP Trade Setup If it open below 1660 and breaks 1660 levels and trade above it then it will be a entry point for buy trade. And if it faces resistance then it will be short trade but short below 1655. If tomorrow, it comes to test 1630 level and gets support then it will be a good entry for buy trade. Book Partial profit on 1648 quickly on either side of the trade. All the higher level will work as resistance to short from the top. But always follow levels to trade. Keep your SL. All levels will work as resistance, support, entry & exit point on particular day w.r.t price action near that level. Comment your suggestion or doubt.
NSE:GODREJPROP
by Trading_hawk
14
GODREJ CONSUMER PRODUCTS LONGA clear Inverted Head and Shoulders pattern can be seen on the weekly charts, indicating bullishness. A breakout of the Inverted H&S pattern is seen. Further, a breakout of the 2 year long resistance point accompanied with a retrace is seen. (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (860-861) Target 1: 918 Target 2: 972 STOP LOSS: 802 (Closing basis) TRAIL STOP LOSS Risk-Reward Ratio FAVORABLE RSI a bit high but ain't a problem, can be a sign of good momentum Breakout sustained Perfect retrace MACD bullish Volumes Check I would recommend a long swing trade on Godrej consumer Products Thanks FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT IT!!!
NSE:GODREJCPLong
by Keshav2329