GODREJCP trade ideas
Godrej Consumers Products Short Term TradeCharts Looks brilliant and has been in momentum. The build up started with a gap up opening and then the gap never filled which shows strength . Then there has been a multiple Rounding bottom formation . After this rounding breakout the stock could move Quickly.
A Nice Trend Resumption after a BreakoutGodrejCP has a nice breakout a few days ago and has resumed its uptrend. Its a good buy here at current levels with a good Risk/Reward for much higher targets for next 3-6 months.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Godrejcp at monthly brekoutGodrejcp looks good on the monthly candles. Buy above 980 with good volume BO.
Chart for educational purpose only
Godrej consumer bullishlast target is a long term target, rest of the targets are short term and keep a tight SL.
Buy godrejCpLong godrej CP above the price of 954 , Entry after the BO of candle with SL of 945 . first target 980 second target above 1000 can trail SL. Very bullish stock watch the strength of the stock in daily & weekly TFS. Also this can b hold for long term . 3 month target 1600. This is for your educational purpose only.
Godrej CP is showing Bullish PatternThis is the right time to enter into the trade. Stay Invested!!!
GODREJ CONSUMER PR TARGET ACHIEVED (21)TARGET 2 ACHIEVED IN GODREJ PR
SUGGESTED LONG @805
TOUCHED 980 TODAY
21% RETURNS!!!!!
FOLLOW FOR MORE SUCH IDEAS
Godrejconsumer product- near all time highThis script without a doubt has performed well all this years even after gargantuan companies entering it's market it still has managed to stay in it's position and business. This script is near it's all time high which was recorded back in Aug 2018. We'll have to wait to see if this script manages to break herd psychology for the resistance level. We need to keep this script in our daily watch-list so we don't miss out taking position.
TA- The resistance line marking has been derived from one of the most reliable time-frame i.e monthly time-frame. On the daily chart, it's clearly visible how that resistance line is making the move weaker. We'll have to check or set an alert once it breaks the resistance line and closes above it.
More details will be updated soon.
Rounding bottom pattern and daily breakoutRounding bottom pattern and daily breakout.
go long until price is above breakout level.
godrej cpGodrej cp
- Stock is forming a ascending ascending channel pattern.
-Stock break and sustain below 980 Next level to watch 1060/1115/1180 levels .
-Support is near 850 level on chart
Godrej consumer looking good for upside on hourly chartGodrej consumer looking good for upside on hourly chart.
wait for retest or enter @CMP
