Stock was in short term down trend. Stock recently broken its downtrend resistance line and Retested its nearest support. Stock is also making Higher Lows (HL). Good Setup to go Long with good risk to reward. Everything is clear on chart Disclaimer: I am not SEBI registered
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here. Disclaimer - Trades are only for Learning. StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
GODREJ INDUSTRIES Short for short term. Monthly chart in the down side. Target 523 at a fibonacci level.
Godrej Ind making VCP pattern. Hence, keep an eye on the same to enter at the right time.
Watchout for Godrej Industries above 660 for a long time resistance break and finally 700 as the ATH high level, weekly closing basis
After consolidating for long time the stock is trying to come out from the channel. Good volume has been added. Looks bullish for short-medium term.
Good above 649-650 Level For Positional can add on dip around 600-615 levels
A breakout above 600. Has already given a daily closing above 600. Good upside potential.
Godrej Industries chart analysis for intraday and swing trading
Godrej industries trading in a channel. very good for swing trading in channel
Godrej Industries chart analysis for intraday and swing trading
last target is a long term target, rest of the targets are short term and keep a tight SL.
Godrej Industries chart analysis for intraday and swing trading
Moving in a channel When trendline is broken, initiate long and hold for upper end of channel RSI at levels of 51 Target - 584, 609, 636
Godrej Industries chart analysis for intraday and swing trading
⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕ -- Buy above =767 or CMP --Target = 850 | 898 --Stop-loss =716 --R:R =2.55 --Expected Profit = ( 16% ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied...
GODREJ INDUSTRIES - Weekly Head & Shoulders Targets in Green