resistance breakout based trade buy for targer range 1006-1013 stop as per comfort disclaimer - trade @ own risk
GODREJCP - Price is taking upport on its Demand Line, and the current trend is positive. RSI Bullish Divergence and price action indicating strength. This trade will be low risk and great reward, in my viewpoint. Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below. Thank you
reached the demand zone, now time to long target is mentioned in the chart
Perfect Symmetric tringle Looking bullish ahead Start adding above 794.55 Target 1 : 837 & 876
Godrej Consumer Products Ltd - 27.05.2022 The stock is trading @ 784 levels The prices are above EMA There is a SPINNING TOP & DOJI in Daily Chart There is a HAMMER in Weekly Chart There is a STRONG SUPPORT @ 751 levels The ideal buy entry is 777 & above Watch out for the price action
high : 15/09/2021 : 1,138.00 low : 23/03/2020 : 425.10 75 % : 959.77 50% : 781.55 25% : 603.32
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...
I hope you can now see how GODREJCP represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
GODREJ CP breaking out of the channel pattern beautifully. Looks good for swing entry at cmp. ATH now.
this is wonderful support to keep in a watchlist a wonderful support formation and creating higher highs weekly closing above 61 level this is great buying condition
GODREJCP : BO possible tomorrow For Educational purpose
last target is a long term target, rest of the targets are short term and keep a tight SL.
GODREJCP is forming Inverted Head & Shoulders and Cup and Handle patterns on the weekly chart. The chart is also showing bullish strength after consuming the selling pressure that since the 12 May Marubozu candle. It appears the stock can breakout from here toward its all time highs of 980.
After making high of 890, it pulled back till 800 levels and now showing signs of further uptrend in short term. Yesterday's price action was really supportive.
The script can be bought for long at cmp and on dips for short term ( 1 to 2 ) months for 5 to ten percent gains
Price closed above the strong resistance from 2018 and since then price breached this resistance two times and the volume near the break is big as a result price moved big. This time price closed above the resistance and one can expect a retest of the breakout level or there is a chance price move further up quick as seen previously from this level. If you find...