GODREJCP
GodrejCp clear view to be taken long bullish trend .On daily chart clear breakout @ 545 (Major resistance) for godrejCp . Bullish pattern clearly visible.
Now from the current level we can go long for the target price of 575 to 585 .
GODREJCP INVESTMENT IDEAIF ONLY FIRST GAP IS FILLED IT WILL BE CONSIDERED DOUBLE BOTTOM OR W BULLISH PATTERN THEN NECKLINE WILL BE VALID STOPLOSS WILL BE SECOND GAP ONLY . ONCE PINK LINE IS BREACHED UPSIDE TWO TARGETS MARKED
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.
GODREJCP LONG IDEAIT IS SHOWING BULLISH DIVERGENCE WITH STOCHASTIC ALSO WAVE 12345 IS COMPLETED IN BEARISH SIDE SO THERE MUST BE NOW BULLISH WAVE 123 AGAINST PREVIOUS WAVE 12345 TARGETS ARE GIVEN FOR LONG WITH ARROW AND STOP LOSS IS ALSO GIVEN
NOTE: ONLY FOR EDUCATION PURPOSE
GODREJCP (Godrej Consumer Products Limited) BUY ABOVE 682GODREJCP (Godrej Consumer Products Limited) BUY ABOVE 682
Verge of BreakoutBreakout above green trendline with the retesting possible till red trend line. Can buy above green line if it shows good green candle. Else buy at time it takes support at red trendline.
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.
GODREJCP Short Setup [Intraday]NSE:GODREJCP Shorting opportunity at 620.1 with SL at 624.65 and TP 608.15
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
GODREJCP || LONGBuy above 643 SL 641
Targets 648, 650, 655, 660, 665, 670, 675, 680
Sell below 621 SL 623
Targets 618, 615, 610, 605, 600, 595, 590, 585, 580
GODREJ CP (Godrej Consumer Products Limited) BUY ABOVE 639GODREJ CP (Godrej Consumer Products Limited) BUY ABOVE 639
