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.
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GODREJPROP
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.
GODREJ PROPERTIES GODREJ PROPERTIES - Now Its Reverse Pall and Flag Pattern
AM SHARING MY VIEW ON Godrej Properties.
Its Consider After GOOD BREAKDOWN WITH VOLUME IN Reverse Pall and Flag Pattern,
SELL :- Below 1820
SL :- 1970-2000 for Short term AND Long Term
*** Target ***
1st :- 1660-65 ,
2nd :- 1570 (Small Hurdle)
3rd :- 1450
LONG Term SHORT LAST TARGET :- 1225-15
Just sharing my view on GODREJ PROPERTIES . Its for Learning Purpose .
"Passion with Chart, Know with Heartbin"
GODREJPROP TRADE SETUP FOR TOMORROWAs you can see in the chart, there is a strong resistance of 2215 level,
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So for tomorrow if stock rejected from the level then we can plan for the selling,
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If stock goes above 2215, we will avoid this trade,.
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If stock goes below 2100 we can short this trade.
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What's your view on this comment below in the box.
Godrej Prop Intraday Trading Set up 260 MINS 200 EMA @ 2285
SELL IF THE ZONE IS broken with selling volume . Look out for a buying divergence candle
If 2340 is broken with volume , we will see more upside.
The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
CHANNEL WALKERLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis
GODREJPROP Trade Setup For TomorrowAs you can see in the chart, stock is consolidating between 2200-2400 from last so many days.
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There is strong support at the level of 2200, so if Monday stock break the consolidation rectangle with the green candle.
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You can buy thia trade for the target of 2600, this is Swing trade Setup.
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What's your view on this comment below in the box
GODREJ PROPERTIES case studyPRICE ACTION STUDY
TIME FRAME : 30MINS
Hammer candle formation on 30 mins time frame, Which indicate sellers tried to push the price down with full force but at the end were not able to maintain lower price and buyers maintained the balance of buy and sell at particular levels, excess selling was absorbed.
After formation Result :- As seller were not able to manage to keep price lower, were trapped on sell side when they tried full force to maintain price on lower side, As after the formation candle there was follow up bullish candle which indicate, buyer are feeling price attractive to enter long position and total selling at that particular levels was already in system, so no fresh selling force available.
Spring formatino : There is a spring formation as per price action, which means price entered demand zone and attracted fresh buying in counter which lead to higher buying force than that of selling thrust, and finally at end prices settled at higher levels.
Bullish divergence :- Price making lower low and RSI making higher low, which indicate the trend in on verge to mature.
Intraday set up 2- GodrejProp EMAs + S/R + DivergenceThe resistance level at 2390-2400
SELL IF THE ZONE IS RESPECTED WITH SELLING DIVERGENCE CANDLE.
If 2340 is broken with volume, we will see more downside till 2300, 2250 is major support and will require a huge volume breakout.
Against the higher timeframe trend, step in with limited quantity.
The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
4) Anchored Vwap
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
GODREJPROP price taking Support Buy signalI will buy GODREJPROP because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 1300/1260
Target : 1540
Stop loss : 1215