Initiating a short trade at this level (1231) for a target of 1153 with 1284 stop.
Levels are marked on the chart.
Disclaimer: Before investing, please consult your FA.
Initiated a reversal trade in Godrej Properties. All the levels are marked on the chart.
Disclaimer: This is only for educational purpose, pls consult your FA before investing. Happy Trading.
GODREJPROP chart on the weekly time frame is holding at a bunch of old supports. The stock is bouncing off its 200WMA from where it has bounced every time it has touched, since the beginning. The stock is also bouncing off 1225 support/resistance zone.
Looks like a great buying opportunity for 1-2 years for the stock to go up and ultimately reach its all-time...
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...
📈 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,...
Godrej Properties have corrected a lot from highs but now it is taking a support at long term trendline. Realty sector is fundamentally good for next 5-10 years to this correction looks like a good opportunity. The deal with DB Reality is off which Initially had a negative impact on the stock. Also due to overall correction in market and reality sector it is at...
Long 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...
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...
Fundamentally 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
CMP: 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.
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I 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...
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...
Godrej Properties gave a breakout of the Inverted Head and Shoulder pattern on the daily chart as predicted in my previous analysis. It is important to notice that the breakout came with a spike in volume.
Target 1: 250-260 points
Target 2: 370-390 points
On the lower side, the 1560-1620 level will act as a support for the price.
The previous analysis link is...
Godrej Properties is on its way to make an Inverted Head and shoulder Pattern.
right now the price is trading 6-7% below neckline resistance. We may see it at the neckline very soon.
If the price gives a breakout of the neckline then we will see a big move from Godrej Properties in the coming days.
NSE: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...
NSE: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...
