GODREJCP - Price sitting at supportPrice sitting at previous support level.
If take light position may go upside 10 % to 20 %.
SL below the zone.
Happy Investing
Girish Anchan
W.M.A
GODREJCP trade ideas
view on Godrej consumer productsGodrej consumer products
Stock price as on 1/02/2025 is 1185
The stock faces resistances at 1196-1210 levels. Tested it thrice, failed to close above these levels in daily chart. Support in daily chart is 1110 followed by 1057-1029. Stock need closing above 1210 to reach target of 1320-1360.
Godrej Consumer Products Ltd: AnalyzingTechnical Analysis: Cypher Pattern and Support Levels
Godrej Consumer Products Ltd has formed a Cypher pattern in its stock chart and is currently trading around a significant support level at ₹1100. The stock has experienced a notable decline, making it an interesting consideration for long-term investors.
Fundamental Performance Overview
Revenue Growth: In the latest quarter, Godrej Consumer Products reported a 10.08% increase in revenue, marking the highest growth rate in the last three years. This growth reflects strong demand in the FMCG sector, particularly in personal care and household products.
Net Profit: The company's net profit has shown resilience, with a reported increase of 3.5% year-over-year, indicating effective cost management and operational efficiency.
Price-to-Earnings (P/E) Ratio: The current P/E ratio for Godrej Consumer Products stands at approximately 9.2, which is favorable compared to the industry average, suggesting that the stock may be undervalued relative to its earnings potential.
Debt Levels: The company maintains a low debt-to-equity ratio of 0.24, indicating strong financial health and minimal reliance on debt financing, which enhances its stability.
Return on Equity (ROE): Godrej Consumer Products has reported an ROE of 18.6%, reflecting its ability to generate profits effectively from shareholders' equity.
Dividend Yield: The company offers a dividend yield of around 1.5%, providing some returns to investors amidst market fluctuations.
Market Capitalization: As of January 20, 2025, Godrej Consumer Products has a market capitalization of approximately ₹1,15,948 crore, reinforcing its position as a leading player in the FMCG sector.
Godrej CP: Eyeing ₹1485 – Watch for Breakout Opportunity!Godrej Consumer Products (CP) may reach ₹1485, supported by Fibonacci levels and a bullish "Golden Cross" as the 100 SMA crosses above the 200 SMA. Take a trade after a confirmed breakout with increased volume
GODREJCP : Morning Star Pattern at SupportGodrej Consumer Products has given breakout near 1100 and now it is retesting its level and making a Morning Star Candlestick Pattern on Support this is a good sign for a stock.
There is a Saying in stock market "Retest Stocks are the best Stock" ... if it will follow this proverb we can get a good profit with Trailing Stop-loss..
All data is available in public domain..
CMP : 1140
TG : near ATH
SL : Doji's low
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout Retest.
2: Support : Volume, Delivery .
3: Technical : Morning Star Candlestick Patter at support.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Will Tt Raise ??Godrej Consumer, has formed Two Bullish Alt Shark Patterns at same price zone.
1060.90 can be tested and take a type 1 reversal and completion for forming Terminal Bar.
Look for Bullish Reversal Patterns or Price Action at that zone and proceed with your actions.
16th december, godrej cp intra cum swingnifty fmcg has made a double bottom, out of all godrejcp has been in consolidation. today news is positive so it might see some good movement in intraday.
support lies at 1080, and resistance at 1020 1040 1080 ++, for intra day cum swing a position can be taken today for some good 2 to 5 percent move.
keep sl at 1080 for tgt would be 1040 1060 1080 for swing tgt 1200
Godrej Consumer at its Monthly Support@111128% down from its top.
Godrej Consumer Products is at its strong support-1111
FMCG Sector searching for its base formation.
Future growth prospects already discounted.
Positive candle with a double bottom type of structure seems on the way.
Do your own research before making any entry because Mr. Market penalizes badly.
Godrej Consumer Products Ltd view for Intraday 12th Dec#GODREJCPGodrej Consumer Products Ltd view for Intraday 12th Dec #GODREJCP
Resistance 1140 Watching above 1105 for upside movement ...
Support area 1100 Below 1120 ignoring upside momentum for intraday
Support 1090 Watching below 1098 or downside movement ...
Resistance area 1100
Above 1120 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Godrej Consumer Products Ltd view for Intraday 11th DecGodrej Consumer Products Ltd view for Intraday 11th Dec #GODREJCP
Resistance 1140 Watching above 1105 for upside movement ...
Support area 1100 Below 1120 ignoring upside momentum for intraday
Support 1090 Watching below 1098 or downside movement ...
Resistance area 1100
Above 1120 ignoring downside move for intraday Charts
for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Bottomed out?Stock appears to have bounced from its trendline support on weekly chart. Entry can be made With a recent low as Stoploss
GODREJCP | Trendline Breakout Expected ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
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Godrej Consumer Ltd#stocks #investing #trading #trade #invest #swingtrade #bullish
Key Observations:
1. W-Pattern Formation (Hourly Timeframe): The stock is forming a bullish “W” pattern, which typically signals a potential trend reversal, indicating possible upward movement in the short term.
2. Bullish Divergence in MACD: A bullish divergence in the MACD indicates that momentum is strengthening despite previous price weakness, further supporting a potential uptrend.
3. Trendline Breakout with Rising Volume: The stock has broken out from a falling trendline with rising volume, which confirms buying strength and suggests a reversal of the prior downtrend.
4. Support at 200 EMA (₹1,314): On the daily chart, the stock has taken support and bounced from the 200-day EMA, a strong indicator of long-term support and potential upside continuation.
5. Resistance Levels: Key resistance levels are seen at ₹1,360 and ₹1,410. A breakout above these levels could lead to further price appreciation.
Trading Strategy:
• Bullish Outlook: The combination of the W-pattern, MACD divergence, and breakout above the trendline indicates a favorable bullish setup.
• Resistance Levels: Monitor price action near the ₹1,360 and ₹1,410 resistance zones for potential breakouts or pullbacks.
• Risk Management: The 200-day EMA at ₹1,314 serves as a crucial support level. A close below this level could signal a change in trend, so managing risk with a stop-loss near this level is recommended.
Godrej Consumer Products Itd view for Intraday 1st October Godrej Consumer Products Itd view for Intraday 1st October #GODREJCP
Buying may witness above 1401
Support area 1390. Below ignoring buying momentum for intraday
Selling may witness below 1374
Resistance area 1390
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Best suited Trade set up This stock has made an Side ways consolidation
I am looking an bullish rally by 4 % and slow consolidation before buying for next move up
This is education content
Please follow the rules if you go for trading in live account
thanks
GODREJCPNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Godrej Consumer Products (4-Hour Chart) Analysis:
Godrej Consumer Products is currently forming a 5-wave impulsive structure on the 4-hour chart. It appears to be nearing the completion of wave (iii) in blue. Once wave (iii) is complete, we expect a 3-wave corrective move to form wave (iv) in blue. This correction could present an opportunity to catch the potential wave (v) move.
However, it's crucial to wait for wave (iv) to fully develop before considering any trades. Jumping in prematurely could increase risk, so patience is key.
Disclaimer: This content is for educational purposes only. We are not SEBI-registered advisors. Please consult your financial advisor and assess your risk before taking any trades.
GODREJ COSUMER PRODUCTS 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
GODREJ CONSUMER PRODUCTS Looking good for Downside..
When it break level 1428 and sustain.. it will go Downside...
SELL @ 1428
Target
1st 1418
2nd 1412
FNO
GODREJCP AUG FUT – LOT 9 (Qty-3150)
GODREJCP AUG 1460 PE – LOT 9 (Qty-3150) – PRICE (33.10)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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Ready for fallTrend line breakout! Very soon price will touch the support line. This is for educational purposes only.
GODREJCPBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
GODREJCPBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
GodrejcpBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Inside Bar Breakout in GODREJCP
BUY TODAY SELL TOMORROW for 5%
