GODREJIND
Godrejcp | Inverted Head & shoulder Breakout 🎯⭕ 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
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) stocks has given the Breakout of major resistance & retested is DONE
2) Head & Shoulder Formation & its breakout
3) there is a ascending triangle pattern sort of
4) Volume is very perfect at the time of breakout & after the retracement as well
5) Targets is based on S&R zone rather than pattern's height
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
► ADVANCE PATTERN #6: GODREJIND ◄► ADVANCE PATTERN #6 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 485
SL: ☢ 440
Target: ➚ 550/600/670
RR: ☈ 1:4
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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GODREJIND | Inverted Head & Shoulder pattern | 44 %🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy above =454.30 or CMP
--Target = 543 | 656.30
--Stop-loss = 382.50
--R:R =2.81
--Expected Profit = ( 44% )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Godrejind has formed inverted head & shoulder pattern
2) Prior trend was down
3) volume activity is increasing from some time
4) target is based on resistance levels & pattern height
5) same pattern can be seen in godrejcp and godrejagro
6) wait for the pattern breakout & retest
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Will Godrejind enter into 10 year trend channel?This is an analysis for the near term(1-2 Quarters) Do you think it may enter back into the trend, is there some fundamental changes to the company?
Do comment below, in my opinion it is quite possible, its a lower risk to invest as the price is quite low(using "The intelligent investor" logic), my view in the short term is mildly bearish neutral considering the market conditions but after maybe an excellent buy?
Note: I'm out of crypto because our government is planning to ban it for the second time :/ (honestly quite a stupid move on their part)
GODREJIND forming a expanding pattern , Buy at 376I WILL LOOK AT BUYING OPPORTUNITIES AT GODREJIND because :
It is forming a kind of expanding pattern .
It has been taking the support of the lower trend line .
Now the price is again at its support level so will be looking at buying opportunities.
Entry : 376
Target : 418/447/489
Stop loss : 344