GODREJCP
Synergistic Pattern: Advance pattern (W+Flag) + EMA 400 + TrendLevels are mentioned on chart.
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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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Looks confusing but have a story to say...The weekly charts displays inv head & shoulder marked in green, while the daily charts displays a topping h&s marked in red. Any one pattern needs to be negated. While RSI is into bullish zone, any retracement can be utilized for getting into position in the stock. While the MACD is bullish on daily as well as weekly time frames. It will be a good watch in the coming weeks.
Godrej CP September Expiry Trend & Trade !!TREND ANALYSIS
TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then short.