GODREJCP - AT BUYING LEVELGODREJ CP IN A RISING CHANNEL
ON THE LOWER LEVEL SUPPORT
GOOD LEVEL TO BUY
WITH 1:3 RISK TO REWARD
GODREJCP trade ideas
GODREJ CON PRODUCTSGODREJ CON PRODUCTS ...formation of inv head & shoulder ...in making of right shoulder n after breakout from 760 levels new uptrend rall will start
Breakout on GodrejCPGodrej CP trading above its 10-20-50 EMA and volumes and price action appears to be quite encouraging. First Target 722, close above 722 one can see 737-752-763
Long GodrejecpLong Godrejcp above 710 TGT 725 if able to sustain above 725 next target is 750 with SL of 695. Once target reached first level then shift the SL or book profit. This is for your educational purpose only.
GodrejCP 1D chart - head and shoulders patternPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
GODREJCPTech target 776, if breaks resistance, can expect all time high.
positives -
good q2 results, expect strong 2H
GODREJ CP - SHOWING SIGNS OF WEAKNESSGODREJ CP - SHOWING SIGNS OF WEAKNESS
SELL AT HIGHS NEAR 685 - 690 AREAS
SL ABV 700 FOR TGTS NEAR 650
GODREJCP - one more down move pending before breakout ?long wicks present at prices near resistance(RED AREA), and RSI is flat, signing one more down move pending.
GODREJCPNote:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
GODREJCP Long idea GODREJCP making Higher lows (Blue Line) and came near Trendline Breakout (Red)
Looks good above 694.10 Levels (Green Line)
View Negates below 675 levels
