GODREJ PRODUCT SUPPORTING A TREND LINE KEEP UPDATE WITH TREND LINE GET CHANCE ENTRY LEVELS.980 HAS BEEN TAKE SUPORT FOR THE CHART. NO RECOMMONDATION REGADING BUY AND SELL TAKE OWN STUDY AND FOLLOW US Godrej Consumer Q1 FY24 Highlights (Consolidated, YoY) Operating profit jumped 28% to Rs 681.83 crore (Bloomberg estimate: Rs 685.51 crore). Margin expanded to...
Analysis in weekly time frame. Took support nearly at 1000 . and making a neutral candlestick. Now if crosses 1047, High possibility to reach near latest swing high at 1100 and 1150. And if crosses 1000, then possibility to reach near horizontal support near 950 or trend line support. And if it breaks or crosses the triangle the we can see the level of 1300...
Reason for long a) channel support b) Mr.14 set up c) vwap support d) volume and price support SL compulsory
GODREJCP has given Cup n handle pattern at 1090 resistance level. Target: 1140+ SL: 15 min candle close below 1085
Buying at CMP SL-1048 Target-based on trail SL Good structure
# Current Price= 1066 #The stock has shown rejection from the trendline resistance as per daily time frame marked in red. #If the stock manages to close below 1058, the next expected target can be 1030 which will also act as a crucial support. #Breakdown from 1030 with closing according to 4 hour candle may drag the price towards next support levels as marked...
Godrej Consumer Products Ltd Key highlights: 💡 ✅On 4 Hour Time Frame Stock Showing Reversal of Broadening Wedge Pattern. ✅ It can give movement upto the Reversal final target of below 1030-. ✅There have chances of breakdown of Support level too. ✅ After breakdown of Support level this stock can gives strong downside rally upto below 975-.
Godrej Consumer Products made a massive run in the 2020 -2021 period and made an all-time high of 1138. But post this the stock was in downtrend and corrected 40% from the top. During this correction the price had formed a strong support around the price Level of 690 which happens to be 0.618 Fibonacci retracement level. A large base is confirmed and hence the...
Godrej consumer showing a good pattern on the weekly timeframe for Long. Above 810 can go for long with SL 764.
Consider this as a Positional pick with a view of 6-8 month. Target - 1280 SL - 980
Buy GodrejCP Keep SL Below R1 Manage Risk Well Can buy 5% of your Portfolio
Stock Name - Godrej Consumer Products Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1052 #This is not Buy and Sell recommendation to any one. This is...
Prices have cleared its resistance zone of 950-980 decisively. Price behavior visually looks similar to previous bear phase move between 2019-2021. If the past price behavior is to repeat, we could witness a strong rally to form a new high around 1250. Bullish outlook remains valid as long as price sustains 900.
Analysis Criteria Used: 1. Please find the Chart Analysis done for the 2nd April, 2023 and the upcoming week. 2. The analysis for the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your...
Trailing stop loss below the trendline. The upmove has been vertical so the risk is always there.
godrejcp will reach 984 levels according weekly candle analysis