GODREJCP trade ideas
Godrej CP - Multiple hammers at resistance levelsMultiple hammer build-up co-inciding with resistance levels per daily and weekly candles. With overall market view expected to be downward, this could be a good trade.
STOCK TO WATCH OUTGUYS STOCK WAS ON A STRONG UP MOVE OVER COUPLE OF LAST SESSIONS..BUT IT IS VISIBLE THAT BODY OF CANDLE IS NOT SATISFACTORY AND LONG WICKS INDICATE THAT STOCK IS SHOWING A SIGN OF DECLINE
USING ELLIOTT WAVES AND FIBONACCI RETRACEMENT..I THINK THAT STOCK CAN SHOW A SIGN OF REVERSAL IN NEXT FEW SESSIONS..
KEEP EYE ON IT....TRADE ON YOUR OWN WISE
**JUST A IDEA..DONOT TRADE BLINDLY..USE YOUR OWN ANALYSIS BEFORE TAKING ANY POSITION**
PLS DO LIKE AND COMMENT IF IDEA WAS USEFUL.PLS GIVE CONSTRUCTIVE FEEDBACK IN COMMENTS.THANK YOU!!
godrejcp longgo long above 675 only
can go in reverse direction also if breaks 1650
as it have formed ngtve div. also
GODREJ CONSUMER Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
LONG GODREJCP LONG NSE:GODREJCP at 635
SL 629
TARGETS 648/654/660
More details in charts.
Minimum Risk:Reward of 1:2
GODREJ CP Long The RSI is high and that could lead to some short selling in the short term. I would make an entry into the counter around the 640 levels to go long
Long ( Up coming ) Some time You have trust Your ability of Judging ,
When i see so many traders /Educated Analyst try to put them self in very small Gains or happiness , despite the fact they are Good in their instances and Judging , i feel sorry of their life being unjust by them self
I often see traders who just post for 1 % move or 2 % and they self congratulate them self where as they have Grate Potential to explore with in them ,
for example an Tweeter aunty ( Ex-Banker , CFA , Bla Bla Bla ) who is having an 59 K followers , has ability to explore to richest level in knowledge Yet suffering form
own infections of dis-belief she uses Ichimuko and hikenashi , they are Good methods but do not explore her self to larger Knowledge
You have to trust your ability no matter how many times you failed in the past , Failur is stepping stone for Success
This scrip is Going up side , i am looking for completion of one small leg in corrective pattern before it starts hitting towards higher high
One can wait for Price tag and reverse in order buy for short term investment
Good luck
GODREJCP SWINGIf market support this stock have potential to go up
3rd time it went and break resistance...4th time it will go up
Entry should be around 652
With a SL of 615
and Target 750
GODREJCP | 17 JUNHAS BOTTOMED OUT IN MY MY VIEW
UP TREND
ALL THE BEST....!
PS. LINES VALID FOR FEW DAYS TILL THEY ARE CROSSED
[Buddha] GODREJCP Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Godrej Consumer Products Ltd. - Bounced Back?Godrej Consumer Products Ltd.
The stock bounced from the convergence of support zone and 100 SMA in the daily chart.
Likely to see a bounce in the coming days to 650 levels until 605-595 zone is protected on the downside.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
GODREJ CONSUMER Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
INTRADAY | BUY IF IT BREAKSA Quick trade for Intraday..
Buy only if it breaks it with good volume!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
GODREJCPIt has been moving in a bullish parallel channel for past a month and may still see an uptrend in the coming days/weeks but for now it has broken a wedge.
If the market stays bullish we can see an upward movement from here (breakout) , otherwise a downward rally (as follows) : -
Resistance - 1) 678 2) 700 (Strong Resistance)
Support - 1) 644 2) 635 (Strong Support)
DISCLAIMER : I am new at this, learning and have a long way ahead, so trade at your own risk !!!!
