Godrej CP Moving up with volume indicating bullish movement towards target of 726, 745. ADX +DI bisected -DI.
GODREJCP trade ideas
GODREJCP Intraday: Buy above 705, Targets mentioned 🌟Clear TL BO. See levels and wait for good enough volume
GODREJ CONSUMER Looks Good !!!GODREJCP : cmp: 710.25
Trading near the resistance zone of 714.
if it surpasses this level and sustains above that then a huge short covering possible.
And it may go upto 800 lvl.
So keep on radar !!!
TGT 729/738/749.25/765
SL 689 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Godrej CP CMP 703 BUY above 710 ( 1 hour candle closing basis)Godrej CP CMP 703
BUY above 710 ( 1 hour candle closing basis)
For Targets - 728- 750- 770- 795- 808+
SL below 675
Holding Period 1-3 months
Godrej consumer looks bullishGodrej consumer has formed inverted head and shoulder pattern and breakout happened with a huge volume making it bullish
#positional
Buy Godrej Properties at 711
Tgt: 731, 750+
Sl: 675
Timeframe: 2-3 weeks
Is this gonna form large scale Head n shoulder pattern check chart in different time frame of clear idea
760 is a strong resistance,
As you can see in 1 hour chart it is forming inverse head and shoulder pattern with target of 760.
This might reverse from 760.
so check chart in different time frame of clear idea
Godrejcp Beautiful inverted head and shoulder pattern Buy at CPBuy at Cp. Go long for target of 720,732, 758
GODREJCP Breakout on Daily/ Hourly/15 Min GODREJCP is on verge of breakout . A Candlestick Pattern Inverse Head & Shoulder which can be seen on Daily/ 4hr/ 1hr/ 30 min / 15min time frames on chart. If it breaks the levels of INR 705 and with the breakout of the said pattern it can reach the level of INR 760 with Strict Sl of INR 675. We need to be a little patient seeing the current scenario of profit booking as a caution and eventually it will lead to the target.
GODREJCPAs you can see on the chart, stock has bounced from the demand zone a few times before and took the same support again and It has moved up with good volume too.
Stock is a bit struggling to cross the supply zone highlighted in Red. If it manages to cross and close above it, we can expect a good run. Buy with a SL below the demand zone on closing basis.
GodrejcpGodrejcp consolidation going on. Likely to breakout from consolidation
RSI bullish divergence
if break and settled above 705 then target of 760
GODREJCPGODREJCP 1D > . it broke the support line and regained today, also broke the trend line too. we can expect it to continue the trend. keep an eye.
Swing Trade in GodrejCPOnly for Educational Purpose.
Go Long above 677.6 for target 709.15 with SL 646.15
Reasons :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
2. Also a bullish candlestick pattern, bullish engulfing (marked with dark blue circle) is formed at 0.5 Fibonacci level.
3. Also there is a strong support zone (marked with a green rectangle) around 0.5 Fibonacci level from which the stock took to support and moved up.
So there is a high possibility that stock will show upmove and we have placed our target just below the resistance level (marked with a red rectangle).
[Positional] GODREJCP good for 18% moveGood for the target of 780
Taken support at 641
R:R - 1:3+
RSI Divergence
