GODREJCP trade ideas
Long ( Continuation pattern ) One more move left in this stock before it makes an decision of direction change
until then one can look for buy set up for this next move up
GODREJCP Target 765 for Swing TradePrice is printing within the upward channel and taking support on previous resistance on WTF. On DTF, price is also printing within micro uptrend channel at lower value area.Long entry may be suitable near 705-713 with a SL 699. as the stock is moving with upward channel, hence Target 1 may be set at 765, near previous swing high.
day trade long setup we expect row reach this price level
this is pure price action based trade setup
buy @718 target 730 stops 712
[Bounce] GodrejCP Swing AnalysisAs per the swing theory stated in Unofficed Bounce ; GodrejCP is in clearly in Uptrend. But it just about to break the uptrend by few points if that gets broken.
Short if the Uptrend is broken.
Alternatively, it can be longed with stop loss at the last swing low too (Like a SAR trade i.e. stop and reverse the trade for sell trade if the stop loss is hit) but the SL is too small in that case and hence risky.
[3BB] GodrejCP Short IdeaAs per charts.
PS: It has results today. So high chance of hitting SL. Close the moment you get tiny profit.
GODREJCP LONG IDEAIT IS SHOWING BULLISH DIVERGENCE WITH STOCHASTIC ALSO WAVE 12345 IS COMPLETED IN BEARISH SIDE SO THERE MUST BE NOW BULLISH WAVE 123 AGAINST PREVIOUS WAVE 12345 TARGETS ARE GIVEN FOR LONG WITH ARROW AND STOP LOSS IS ALSO GIVEN
NOTE: ONLY FOR EDUCATION PURPOSE
GODREJCP Short term1) 200 EMA broken
2) Formed Bullish Head & Shoulder
3) Resistance at 715 - 30
4) if resistance broken & forms a bullish sign or consolidation above 715 then look for upper side
Godrej ConsumerIt has made a bearish harmonic Alt Shark and an Evening Star Doji. A pullback till 675-650 is probable. A weekly close below 715 would be ideal. View negates above 735
