GODREJCP trade ideas
Godrej Consumer ready to move bigRight now at a good support and RSI is also on buy side. Can move till the upper resistance trend line.
GODREJCPAfter a steep correction from 800 in January till 650, it appears to have resumed its uptrend. The weekly Kumo bounce is activated along with a strong demand zone in hourly being observed today. It could do 750-775 with minor resistance around 730. View would be negated below 670
Rounding Bottom patternThe stock has given a rounding bottom BO and looks good at cmp for a short term target of 800
GODREJCP: Trend AnalysisLooks like a safe bet.
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Please do NOT consider these as trade recommendations.
I' am an amateur and posting these charts helps me understand the market better.
I' am open for suggestions/advice.
*/
Godrej Consumer to take long entryLong Godrej consumer above 730 TGT 765 SL 708. RSI Divergence forming +ve . Support taken well . Good risk to reward ratio.
Godrej CP good risk and reward taking support from ma 50,20,200Godrej CP good risk and reward taking support from ma 50,20,200, rsi rounding bottom
Godrej CP good risk and reward taking support from ma 50,20,200Godrej CP good risk and reward taking support from ma 50,20,200, rounding pattern in rsi
Rounding Bottom patternThe stock is making a rounding bottom pattern and looks good positionally above 733 level
Godrej CP Moving up with volume indicating bullish movement towards target of 726, 745. ADX +DI bisected -DI.
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.
