Long Godrejcp above 710 TGT 725 if able to sustain above 725 next target is 750 with SL of 695. Once target reached first level then shift the SL or book profit. This is for your educational purpose only.
Tech target 776, if breaks resistance, can expect all time high. positives - good q2 results, expect strong 2H
I will buy GODREJCP because : It has been taking support at the trend line . It has touched the trend line a few times and has not been able to break it. So will be looking at buying opportunities. If it breaks the trend line downward then look at shorting opportunity . Entry : 673 First Target : 725 Second Target : 745 Stop loss : 649
Price for the third time in a row with small time reached the same resistance level so it has big chance to break this resistance level. Scalping would be best fit trade if breaks out. If you are interested in this script after the breakout if price come back to the support level ( present resistance) then go for buy and look big.
Note: This is for educational purpose only. There seems to be a confirmation of bullish engulfing pattern which buying volumes. RSI below 60 indicates still in neutral zone.
NSE:GODREJCP Hi Traders, GODREJCP is on resistance zone, if it break its resistance zone then it can try to hit our target. Entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE ...
Let it correct with proper corrective structure ! NSE:GODREJCP
Godrejcp is closed at trndline itsef with volume. FMCG pack is not looking so bullish,so 722-723 may act as resistance. Buy can only be initiated above this level for the target of 750 and more
- Looks good above 720. - Volume also good but there is no consolidation near resistance, a little more consolidation needed for a good breakout! So Keep Eye on It! :)
LONG NSE:GODREJCP at 635 SL 629 TARGETS 648/654/660 More details in charts. Minimum Risk:Reward of 1:2
LONG NSE:GODREJCP 569 SL 565 TARGET 579