► ADVANCE PATTERN #7: GODREJCP ◄► ADVANCE PATTERN #7 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 701
SL: ☢ 670
Target: ➚ 760/800/860
RR: ☈ 1:3.3
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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GODREJCP
Godrejagro | Inverted head and shoulder & Trendline reistance 🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy above = 547.85or CMP
--Target =617.50 | 715.25
--Stop-loss = 495.15
--R:R =3.15
--Expected Profit = ( 30% )
--Expected Holding = 1-3 Months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Godrej agrovet has formed inverted head & shoulder pattern
2) trendline resistance is already broken
3) volume activity is increasing from some time
4) target is based on resistance levels & pattern height
5) same pattern can be seen in godrejcp .
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Godrejcp | Inverted Head & shoulder Breakout 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
-- Buy above =767 or CMP
--Target = 850 | 898
--Stop-loss =716
--R:R =2.55
--Expected Profit = ( 16% )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) stocks has given the Breakout of major resistance & retested is DONE
2) Head & Shoulder Formation & its breakout
3) there is a ascending triangle pattern sort of
4) Volume is very perfect at the time of breakout & after the retracement as well
5) Targets is based on S&R zone rather than pattern's height
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
GODREJIND | Inverted Head & Shoulder pattern | 44 %🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy above =454.30 or CMP
--Target = 543 | 656.30
--Stop-loss = 382.50
--R:R =2.81
--Expected Profit = ( 44% )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Godrejind has formed inverted head & shoulder pattern
2) Prior trend was down
3) volume activity is increasing from some time
4) target is based on resistance levels & pattern height
5) same pattern can be seen in godrejcp and godrejagro
6) wait for the pattern breakout & retest
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Inverted head & shoulder breakout, looks strong can head higher.NSE:GODREJCP
The stock has given an inverted Head & shoulders break out on weekly and daily time frame, the move is also supported with decent volumes.
The stock can head higher towards 820/850/880 levels in the coming weeks as long as 740 is not taken out on closing basis.
Ideas shared are for educational purpose only.
Godrej Consumer Products - BuyGODREJCP - Analyzing the chart...
1. Future Cloud is Bullish
2. Slope of Senkau Spans, Kijun Sen and Tenkan Sen all are upwards
3. Stock has shown a fresh breakout from 3-4 months long trading range
Actions Suggested:
A. Buy with stop loss of Rs. 750.
B. Exit if today's close is back in range.
C. Target of Rs. 850, over and above this levels a trailing stop loss of Rs. 50 can be kept.
Note - Material is only for educational purposes, assess your risk and enter position. We recommend only cash positions for the scrip.
If you benefit from our material, please donate 1% of profits towards education of poor children.
GODREJCP Buy opportunity taking support at 709I will buy GODREJCP because :
It has been taking support at the trend line .
It has touched the trend line a few times and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the trend line downward then look at shorting opportunity .
Entry : 694/709/720
Target : 772/850
Stop loss : 670