#godrejcp Breakout plus retracement up to .38 levels done. Long above 753 either Swing or Intraday as well. Next Targets for Swing are 800-850 in short term
Buy above 780 with Sl 680 Target 977, 1100 (as per chart pattern) Disclaimer : This idea is for only educational purpose, please consult your financial advisor before making any trading decision
GodrejCP to take long above 750 for the TGT price of 770 with the SL 742. Stock in uptrend after pull back again taking momentum.RSI level is above 60 is also bullish mode.
I 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
BUY RANGE 720 - 730 FOR A TARGET 750 + BREAK BEYOND 52 WEEK HIGH RESISTANCE 772 CAN LEAD TO 800 + >>> CHANNEL BREAKOUT >>> MOVE TOWARDS 52 WEEK HIGH disclaimer - for study purpose only
If it retraces it can go uptill Rs 500 and then go long again. I'll personally add more quantity if it retraces. Happy Trading !
Tech target 776, if breaks resistance, can expect all time high. positives - good q2 results, expect strong 2H
GODREJCP making Higher lows (Blue Line) and came near Trendline Breakout (Red) Looks good above 694.10 Levels (Green Line) View Negates below 675 levels
Levels to look for. Below 666 it will continue downtrend. Trend will change only above 700.
HOW TO FOLLOW ALGO SIGNAL: Deciding buy/sell 1.Strictly use only on 1 hour time frame. 2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity. Taking a position: 3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
Still learning if anything to improve in trend line base please guide me it will help me to learn.
Sell below 670 TGT 667-665-662 SL 679
Godrej consumers will break below the levels of 669 because of weakness from the right shoulder of a H&S pattern. Sell below 669. Target at 640. Stop loss at 666. NSE:GODREJCP