NSE:GODREJCP
Observations:
1) On 1 day time, we can see now it closed just at 200DMA.
200DMA is placed at 924.91 level.
From here we can expect a good move on either side.
Please refer below chart : 1day Time Frame.
2) On 1 hr time frame, we can see that is has been trading in range of 915-930.
For positonal trade if 1 hr time frame is giving...
NSE:GODREJCP
Observations:
1) On 1 day time frame, it has been successfully trading above 50DMA.
But it is still below 100DMA.
50DMA is placed at 937.85 and 100DMA is placed at 992.77
Please refer below chart : 1 day Time Frame.
2) On 1 hr time frame, it has made bullish flag and pole pattern.
If it gives breakout of it and patterns get activated then...
NSE:GODREJCP
Observations:
1) On 1day time frame, it bounce perfectly from the 200DMA with increased in Volume.
Immediate resistance is at 950 level.
200DMA is placed at 900.04 level. Which will now work as major support.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 22-12-2021
1) Don't...
![GODREJCP: Simple Trade Setup | GODREJCP | 18-01-2022 [INTRADAY]](https://s3.tradingview.com/a/aG86U9jW_mid.png "Simple Trade Setup | GODREJCP | 18-01-2022 [INTRADAY]")
![GODREJCP: Simple Trade Setup | GODREJCP | 10-01-2022 [INTRADAY]](https://s3.tradingview.com/b/BajAIOF0_mid.png "Simple Trade Setup | GODREJCP | 10-01-2022 [INTRADAY]")
![GODREJCP: Simple Trade Setup | GODREJCP| 22-12-2021 [INTRADAY]](https://s3.tradingview.com/t/tK2ytaEQ_mid.png "Simple Trade Setup | GODREJCP| 22-12-2021 [INTRADAY]")