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Godrejcplong

GODREJCP : Morning Star Pattern at SupportGodrej Consumer Products has given breakout near 1100 and now it is retesting its level and making a Morning Star Candlestick Pattern on Support this is a good sign for a stock. There is a Saying in stock market "Retest Stocks are the best Stock" ... if it will follow this proverb we can get a good profit with Trailing Stop-loss.. All data is available in public domain.. CMP : 1140 TG : near ATH SL : Doji's low Stock's selection based on 5 Point Analysis: 1: Idea : Breakout Retest. 2: Support : Volume, Delivery . 3: Technical : Morning Star Candlestick Patter at support. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.
NSE:GODREJCPLong
by SthitaprajnaYogi
Simple Trade Setup | GODREJCP | 10-01-2022 [INTRADAY]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 we can see a good move. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for 10-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:GODREJCP
by Trading_hawk
2
GODREJCP LONGI 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 the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:GODREJCPLong
by EntryandExit
GodrejCP - Closed above resistance - BreakoutPrice 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 my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated! You can comment any of the script, I will analyze technically and post it for you. No Buy or Sell calls strictly :)
NSE:GODREJCP
by Tradersasi23
5