GODREJ PROPERTIES : Leading DiagonalGODREJ PROPERTIES: Formation of leading diagonal.
Sustaining above 2117 , stock will move towards 2250/2300-20 ZONE .
Go long above 2117 .
Godrejpropanalysis
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.
GODREJ PROPERTIES good long candidateExpecting good upmove in counter from current levels
bullish study,, indicator are giving signs of trend reversal
atleast 5-7% upmove expected
Good long candidate
Simple Trade Setup | GODREJPROP | 18-08-2021NSE:GODREJPROP
Observations:
1) On Daily Time Frame, it is trading above 44 DMA and keep on taking support from it.It took 2 time support from 44DMA.
Please refer Chart below: Daily time frame.
2) On 1 hour time frame, it is now on critical Zone.
Please refer Chart below: 1 hour time frame.
3) On 15min Time frame, it is taking good support and reversal from the channel. And Today it is in that critical channel.
Please refer Chart below: 15min Time Frame.
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Trade Setup for Date 18-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | GODREJPROP | 03-08-2021NSE:GODREJPROP
Trade Setup
If it open below 1660 and breaks 1660 levels and trade above it then it will be a entry point for buy trade. And if it faces resistance then it will be short trade but short below 1655.
If tomorrow, it comes to test 1630 level and gets support then it will be a good entry for buy trade.
Book Partial profit on 1648 quickly on either side of the trade.
All the higher level will work as resistance to short from the top.
But always follow levels to trade. Keep your SL. All levels will work as resistance, support, entry & exit point on particular day w.r.t price action near that level.
Comment your suggestion or doubt.
GODREJPROP Positional ShortGODREJPROP is sell below 1510.
Check chart for more details.
Charts says more than word.
Godrej Properties - Triangle Breakout + Volume expansion Key Highlights:
1. Bullish market structure
2. Falling wedge pattern
3. Trendline breakout
4. Triangle breakout
5. Volume expansion
6. Target: 1527, 1600
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Godrej Properties - Clear Triangle breakoutGodrej Properties had a clear breakout from the descending triangle pattern, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
GODREJPROP Short Term OutlookGODREJPROP From the NIFTYREALTY Pack has relatively underperformed NIFTY REALTY returns for few weeks. Now Stock is Trading near to Trend line Support Levels.
GODREJPROP LONG SETUPGODREJPROP is testing FIBO levels . In upcoming days, it can trade around 2k levels.
BUY in the range of 1380-1390
Target 1 - 1652.85
Target 2 - 1714.45
Target 3 - 2016.30
Stoploss - 1327.75
Godrej Properties - INHS BreakoutNote: This is for educational purpose only.
There is a INHS breakout on back of volume. Price is coming to re-test resistance turned support with reducing volume. RSI above 65 indicates bullish momentum.
GODREJ PROPERTIESGODREJ PROPERTIES:- RETEST AND BREAKOUT FLAG LIMIT pattern..
accumulation done in past days. 1100 plus target and sl 890..
#Disclaimer:-I just shared view for only educational purpose.
[Short Term] Near parallel channel breakout for Target of 1050+Possible Trade After Breakout:
Buy GODREJPROP @944-945
SL 905
Target 1000 1050+
Science Backed by Data[GodrejProp Series]: Target 955GodrejProp has breakout with larger volumes. It has also broken its major resistance shown in chart. Looks good for target of 955 and higher targets. keep StopLoss @ 826- 862.
Chart also shows breakout levels and other resistance from past.
Please note that all levels are on closing basis and based your trades on individual risk appetite.
