GODREJCP
GodrejCp Stock to take for long entryIn charts we can see the Flag & Pole pattern is forming , We can expect the stock to move around the level between 660-665 . In this range we can buy the stock for the next target price of 695-700 levels. Conservative traders can take entry after the BO level of 675. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
GODREJCP ON TRENDLINE SUPPORT Godrejcp is taken support on trendline; Wait and watch if it hold at this trandline.
Synergistic Pattern: Advance pattern (W+Flag) + Double FlagLevels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
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Entry: 705
SL: 670
Target: 775
RR: 2.00
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 - #LongSide - Wait For The New Price Extreme. . . Let it correct with proper corrective structure ! NSE:GODREJCP
INDEPENDENCE DAY SPECIAL #1 - GODREJCPBig red candle with low volume, it could again take support at 668 if it crosses 680.
I am bullish on godrejcp if it does not crosses 680.
GODREJCPGodrejcp is closed at trndline itsef with volume. FMCG pack is not looking so bullish,so 722-723 may act as resistance. Buy can only be initiated above this level for the target of 750 and more
GODREJ GCP | Range Breakout Soon- Looks good above 720.
- Volume also good but there is no consolidation near resistance, a little more consolidation needed for a good breakout!
So Keep Eye on It! :)
GODREJCP#GODREJCP if closes above 720 will signal a break out from the consolidation & can go towards 770.So can be bought if closes above 720 for a target of 770.
Godrej Consumer Products - Bearish GartlyBearish Gartley observed in GODREJCP
Wait for a strong terminal bar in hourly timeframe for entry
Target 1 = 630, Target 2 = 603, SL = 722
Reward : Risk = 3 (approx)
To repeat, stock is in strong uptrend, enter trade only if strong terminal bar is seen.
14th JULY SHORT SELL GODREJCPA 3rd lower high shows weakness, so short with given targets and set stoplosses according to support and resistance drawn.
GODREJCP | Continuation Pattern ?It may break the pattern to continue Uptrend.
or a breakdown with good volume will give good profit for Intraday.
Keep Watching!
Godrej Consumer PR is all set for a downmove on 8th July 2020It is satisfying all the rules which we follow :
1. Always buy/sell with the trend.
2. Always wait for the last kiss/breakout.
3. Always buy the second candle after retest.
Please follow the marked levels to book profit .
long term trendline breakout wait for pullbackbuy on pullback till 702 or buy above 719 Target 724,732,748,763
Godrej CP - Multiple hammers at resistance levelsMultiple hammer build-up co-inciding with resistance levels per daily and weekly candles. With overall market view expected to be downward, this could be a good trade.
GODREJ CONSUMER Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
