GODREJIND
GODREJ INDUSTRIES Magic LampNo . i am not saying that this stock is a magic lamp.
without the drawing its...
godrejind good for long as per charts i see a good one way uppve as per chart setup after a consolidation and fresh breakout ! move may extend even above 700 levels !
GODREJ INDUSTRIES - BUYPresently, moving above 100 EMA and chart pattern showing an upward trend which may give a move of 20-30 pts.
If it breaks the upper resistance line above 660 level it can give a good move.
MACD is above zero line with bullish crossover.
Keep watch on it for future price movement.
My PredictiveEngine's Intraday call(31-May-18)-GODREJIND-Long"My PredictiveEngine's Intraday call(31-May-18)-GODREJIND-Long
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 31-May-2018 for GODREJIND
Buy Above: 582.1 for targets -
T1: 586.5
T2: 589.1
T3: 591.8
SL: 577.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
#GODREJIND Channel formation on daily!! Long for 620!#GODREJIND Daily timeframe - Moving in channel with expected target of around 600 to 620 in medium term!! Reversal area and candle sticks patterns explained on chart!!
Consolidating in a channel: Godrej IndustriesGreen candle days show accumulation; complimented by a bullish MACD. We could see a break above 555 levels.
GODREJIND bullish setupGODREJIND could move towards 750 in coming days as long as it trades above 580
godrejind getting ready to breakout from present zonegodrejind getting ready to breakout from present zone and volume is increasing buyers are going long due to discount zone and with good fundamentals.
GodrejInd headed towards 620 625 for Trendline Resistance
NSE:GODREJIND headed towards 625, its longer time resistance. Breaking the horizontal line on hourly charts with good volumes.
Short Godrej Industries PitchforkAndrew's Pitchfork seems to capturing the price movement well so we can frame a short trade on its basis now. One can short the stock now or wherever the Stop Loss of 525 is affordable to them. We can expect the target of 465 easily. It may also touch the Demand Zone *Price Range 418 - 435* so the trade may be continued with trailing stop loss.
Ascending and Inverted Scallop !I've observed a trade able Ascending and Inverted Scallop pattern in the stock. Trading rules say that one can enter long when it closes above the high of the pattern which is today with the stop loss the Low made during the pattern. Applying the rules : stop loss 395 and target 465 which gives risk to reward only 1 so I am avoiding the entry and keeping it for learning and education purpose.
Bearish Gartley on Godrej IndustriesBearish Gartley Pattern is about complete, right at a previous support level.
GodrejInd Short Setup!!GodrejInd is giving a Short Setup.. Stock gave a 5 wave decline from 542 to levels to 387 levels in Wave A and has since retraced backed to 78.6% fib. One can go short on the stock at current levels with stoploss just above 453 and Targets of around 380 and 350 wave Wave C. Details are on the chart.
Happy Trading!!
