Bullish setup in GODREJCPGODREJCP is forming bullish pattern in MACD and formed hook in MACD (5,15,30) , also there is resistance breakout at 975.
Keep SL at 965 and T1 will be 1000
Let's see what happens next .
GODREJCP trade ideas
godrej trading in a channel in 5 mint time frame we see good spt and rej. buy or sell after red or green line target should be 10 points
#GODREJCPWhat stopped it?
ICMC on left
You must know when to enter and when it's a time for an exit.
GODREJCP for swing tradea nice cup pattern and higher high and lower lows formation is seen that looks good for swing trading with current buying zone.
looking good for long term also with 30-40% target.
for swing trade.... 10-15% target.
stop loss on daily closing basis .... 920
#Godrej Consumer long opportunity#Godrej Consumer long opportunity
PRZ -940
SL-930
CMP:977.50 @22 Octob
GODREJCP - Swing Trade AnalysisGODREJCP is at the critical level.
Any side move can give it good momentum.
Trade with proper risk management and strict stop loss.
NOTE-
We are not SEBI registered.
This is only for educational purpose.
Please consult your advisor before making any trade or investment.
GODREJCP- bullish divergence.Buy around 1020-1030, keeping SL @ 1005, targets are marked in the chart.
*Only for educational purpose.
GODREJCPGODREJCP, Is still more chances to go down but if the direction change then the marked levels are the TARGETS !
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...
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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...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Elliot wave Analysis # Bullish ViewGODREJ CONSUMER PRODUCT
Bullish Sequence, 15 Mins
Market Cap: ₹ 105,290 Cr., PE: 58.9
Confirmation to Buy @ 1035 - 1042
Invalidation level @ 1006.15
Swing Target: 1065, 1075, 1100
Holding Period: 1 to 15 days NSE:GODREJCP
Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. ... Investment in markets is subject to market risk.
Elliot wave formation, B & C Anticipated.The chart is self-explanatory.
This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
godrejcp gfs analysed 28 sep 2021GFS
go long big bull pattern and after long time on rsi 40
recently above all-time high crossed
Godrej CP - DailyIf the retracement stops near 1000-1025 levels and it makes a bullish candlestick pattern then it's a great buy at the levels with swing low as stop loss
[ INTRADAY ] GODREJCP SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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GODREJCP, long position. Positional Target 1200/-Looking at the FMCG sector and the overall market scenario, Godrejcp is a good bet, as it is underperforming amongst it peers which are already making all time highs. It is widely known, that if and when the market gets greedy FMCG sector is a safe place to invest in. Hence, it will be one of the factors that will give it a decent move and support in case the market goes for profit booking.
Right now, CMP is 1055/-. And the stock is trading at the edge of a continuous parallel channel and has a strong support at 1020-1030. Positional trade for a month is recommended for the TARGETS OF 1200/- (within 3-4 weeks) with a SL of 1022/-.
INVEST WISELY.
