Godrejcp can take Intra ShortGodrejcp short below 715 TGT 712-705-702 SL 723. Entry will take after the BD of TL, SL & 20 EMA all three in conflux area.
GODREJCP trade ideas
GODREJCP buy Opportunity at 673 I will buy GODREJCP because :
It has been taking support at the trend line .
It has touched the trend line a few times and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the trend line downward then look at shorting opportunity .
Entry : 673
First Target : 725
Second Target : 745
Stop loss : 649
Godrejcp can take short Bearish Engulfing pattern seen at D chart. Short below 736 Expected target 728-725-722 for intraday only. This is for your educational only.
Godrej CP_30% upsideDate: 21 Sep 2020
Godrej CP (CMP: 713.75)
Flag Pattern breakout on weekly chart. RSI above 50 and increasing MACD.
Target 915
T1- 755 T2- 835, T3- 915; SL- 635
Duration - 25 Jan 2021
At Important level - breakout Price for the third time in a row with small time reached the same resistance level so it has big chance to break this resistance level. Scalping would be best fit trade if breaks out.
If you are interested in this script after the breakout if price come back to the support level ( present resistance) then go for buy and look big.
Godrej Consumer on the verge of breakoutGodrej Consumer on the verge of breakout CRS above 0 SRS above 0 and ARS about to cross 0 line.
godrejcp sell positional in futures #sell positionally in range 735 to 742
keeping sl as 772 {stop loss is deep }
short term targets 717/697/672/
aggresive targets 666/634/616
status active
GODREJCP #GODREJCP
Godrej Consumer Products Ltd. is trading near resistance level.
Technical indicators are bullish.
If price trades above resistance level 727; breakout is expected
Near by resistance is 770 and support is 50 day sma(684) on daily chart.
KEEP A WATCH!!
Godrej Consumer - Confirmation of Bullish Engulfing Note: This is for educational purpose only.
There seems to be a confirmation of bullish engulfing pattern which buying volumes. RSI below 60 indicates still in neutral zone.
GODREJCP HAS TWO RESISTANCE ACTING ON ITGOREJCP HAS TWO RESISTANCE
1. LONG TERM TRENDLINE TRENDLINE
2. RECENT SWING HIGH
IF IT BREAKS THE 728 AND HOLD THEN ONLY LONG IS RECOMMENDED
IF IT BREAKS THE 700 AND SUSTAINS, MORE PAIN CAN BE SEEN. hOWEVER THERE IS TRENDLINE SUPPORT IS AVAILABLE.
GODREJCP : Trade SetupNSE:GODREJCP
Hi Traders,
GODREJCP is on resistance zone, if it break its resistance zone then it can try to hit our target.
Entry and target level on chart.
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* This analysis is educational/learning purpose only.
* Trade at your own risk.
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