Bullish Breakout: Godrej Properties Indicates Potential UpsideDetails:
Asset: Godrej Properties Limited (GODREJPROP)
Breakout Level: Sustaining above 2810
Potential Target: Upside momentum expected
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Godrej Properties Limited (GODREJPROP) has recently broken out of a flat pattern and touched the 2810 level. Sustaining above this level could signify a bullish sentiment shift and pave the way for a significant upmove.
Market Analysis:
Technical Breakout: Breaking out of the flat pattern and sustaining above 2810 suggests a technical breakout, potentially attracting buying interest and driving the price higher.
Market Sentiment: Positive market sentiment or company-specific factors may be contributing to the anticipated breakout in GODREJPROP.
Price Target:
The potential upside target for GODREJPROP is not specified but is expected to be significant if the breakout sustains.
Risk Management:
Implementing a stop loss strategy below the breakout level is crucial to manage risk in case of unexpected price reversals.
Timeframe:
The projected upside move for GODREJPROP is based on a short to medium-term outlook, but actual timing may vary based on market conditions.
Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio.
As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions.
Godrejproplong
Property ke Bhav badhne Wale hai Hello Friends,
If you are looking for a blockbuster stock keep watch on Godrej property. All the other stocks in the same category have performed extra ordinarly. The reason I m bullish on this stock is because of their land ownership in Mumbai along with many other key places .This stock can be a Multibagger among all others .
GODREJPROP at Confluence of SupportsGODREJPROP 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 high zone of 2600. Stop loss at risk-management zone of 1130.
#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.
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.
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.
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.
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.
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