Godrej PropertiesGodrej properties is now at pre-covid high levels. This looks like a good place to buy this stock. I do expect it to easily double in the next 3 years. Looks like a very favourable risk to reward ratio in this case.
GODREJPROP
Godrejprop Trendline BreakoutGodrejprop is ready to give a breakout and we need a good close above trendline with volume.
RSI is turning bullish
RS is positive
Macd ready for crossover
#GodrejProperties Swing Opportunity NSE:GODREJPROP
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Bigger Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 1359.35
SL :- 1200 (Closing Basis)
Target 1:- 1499
Target 2:- 1609
Target 3:- 1734 and more Trailing basis
Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Godrej Properties Chart Analysis !!📈 Godrej Properties 📉
This Stock Broke out from a resistance zone of 1600-1640 which was tested several times and today managed to close above it with green candle.
This chart can be a long term proposition to go for because most favourable risk reward it’s offering with good base building also done on lower levels.
Bias - Long
Target - 1781, 1979, 2098, 2241, 2445
SL - 1525
RR- 1:5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGodrej Properties
Stock at trendline Breakout level and also formed Head & Sholder pattern
Now trading in a resistance Zone
Buy at CMP or above 1660 levels for positional targets of 1780/1950
Keep SL at 1450 on closing basis.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
GODREJPROP : TRENDLINE RESISTANCE + HORIZONTAL BREAKOUT Godrej property has broken long resistance trendline
and testing 1640 many times if break the combination of signals
will lead to a strong move above 1640.
entry:- Above 1640
target :- 1690 , 1750
GODREJ PROPERTIES TREND REVERSAL?GODREJ PROPERTIES after severely falling from its highs has made a falling wedge pattern and given a breakout on a 1h time frame and is consolidating with a formation of "W" pattern and another wedge breakout around its crucial resistance zone of 1630-1650 levels ,once these levels are taken out good upside momentum upto the levels 1740/1770 can be seen and in case due to the war scenario or any kind of negative news comes in and the levels of 1530 break a quick momentum of 80-100 points can be seen on the down side .keep it on radar.
Must be on your watchlist (breakout level) godrej prop cmp 1622.95 in a downtrend channel from the last 6 months , knw at breakout level , if gave a strong breakout and strong closing , for swing trade, can go long with small stop loss.
do your own analysis before take a trade
Keep a watch on GODREJPROP above 1630 can fly I will buy GODREJPROP because :
The price is on the verge of breaking resistance
If the price breaks 1630 level it can fly
Entry : 1630
Target : 1800/200/2400
Stop loss : 1375
Long GodrejpropCurently Stock is at MonthlyDemand Zone. Trade is active, buy in part 1401 / 1350 / 1221.
for the target of 1659 / 1792 . strong close weekly close above 1792, Stock will move towards 1964 / 2161.
Stop loss will be weekly close below 1200.
Note: only risky traders can re-accumulate at 1062 / 1000 - For Long term Investors.
Godrejpropgainprofit066
High : 14/10/2021 : 2,598.00
Low : 24/03/2020 : 505.00
75% : 2074.75
50% : 1551.50
25% : 1028.25
Godrej PropertyLong Opportunity*-
Godrej Property has given breakout move on the previous day & it is showing uptrend in 15M, 1D & 1H timeframe. Also, the CPR is narrow and at the upper side. CCI at +100 level. So, we can conclude that there will be a strong bullish trend expected in this stock. According to the Fib Retracement tool the last candle closes at a level of 0.5. So there is a high chance that this stock will take reverse and will continue a bullish move.
📊 #GodrejProperties Swing tarde Opportunity 🎯NSE:GODREJPROP
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Godrej Properties looking Good for Long Term BuyPrice is at Strong Demand Zone.
Price is the testing this major resistance turned support for the first time, so major probability is it will not break, unless there is some insider news about the company fundamentals.
Can be accumulated for Long term at this Discounted Price in the Demand Zone, as it is a Strong Fundamental Company.
PS- I am not SEBI Registered. Views are for personal reference.
GODREJ PROPERTIES good long candidateElliot wave formation
on weekly time frame
when whole world is loaded with negative news for this counter
group is too good
clean chit image
good balance sheet
lets see it can be money spinner
have iron heart to catch this falling knife..
GODREJ PROPERTIES good long candidateElliot wave formation on godrej properties
lots of negative new prevailing in market
lets see if technicals works over news or not
Godrehprop BuyFundamentally sound stock
Looks like total correction is going to over now
volume confirmation on the last candle
reversal showing now
SL Below this candle
TGT Febo leval
Godrej Properties Ltd.: Sector: Construction & Contracting Godrej Properties Ltd is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company.The company is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
CMP: 1913.25
Target : 2451
Buy Above 2000
On date 12/01/2022 for intraday : Sideways trend buy on dip. short on top as per candlesticks.
For long term:
Godrej Properties Ltd now facing sideways . once it given breakout above 2000 then upcoming target 2451.
Important Note: The content Provided in our ideas only educational purposes. Please do not consider this as a financial Advise. You must consult with your financial advisor before Investing.
Godrej Properties Ltd.: Cup n Handle PatternCMP: 1798.85
Now in Godrej Properties form inverted Cup and handle pattern. now its full chances to go down. till target: 1085. its retrace on 1798 again . wait to retrace 1st then go for short selling on opportunity seen.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
GodrejProp LongI hope you can now see how GodrejProp 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.
