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 trade ideas
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 !!!!
Godrej Consumer Products : Triangle Pattern -BreakoutGodrej Consumer Products has broken out from a triangle pattern on 15 mins time frame.
Initiate long.
Target : 675
Stop Loss : 650
Breakout or reversalprice consolidating at the moment, it can take any direction, watch out for break on either side
GODREJCPTrend Line has been broken for Short Term, one can trade Long for Intraday.
Do comment if you find this useful.
Follow for further analysis.
DM if you want to learn new Strategies on MA's with Price action.
Synergistic Pattern: Advance pattern (W+Flag) + EMA 400 + TrendLevels are mentioned on chart.
Please like & share this pattern. Comment with what do you think.
Follow me @ tradingview for more updates!!!
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
----------------------------------------------------------
GodrejCP up for a short retracement.GodrejCP having formed the perfect Bullish Cypher Pattern is up for a long move. Targets are 660 and 680 if it sustains above 660 level.
GodrejCP Short Opportunity SightedGodrejCP is a sell, touched channel high on 3rd June at 672, current price at 650. First support at 638, next at 594, next at 520.
Short GodrejcpShort Godrejcp on completion of Gartley Pattern on a weekly timeframe
Stop loss and Targets should be decided on basis of market voltality and candle formation
