GodrejCPBuy above 700 with the stop loss of 695. Targets are 705, 710 & 715. Sell below 688 with the stop loss of 693. Targets are 683, 678 & 673.
GODREJCP trade ideas
Godrej JCPGodrej JCP has come out of channel and has made double bottom however it is facing stiff resistance on the way up.
If the price sustains over 700 levels with good volumes then it is a buy.
Otherwise it is a sell with a SL of 700.
GODREJCP (Godrej Consumer Products Limited) BUY ABOVE 682GODREJCP (Godrej Consumer Products Limited) BUY ABOVE 682
Verge of BreakoutBreakout above green trendline with the retesting possible till red trend line. Can buy above green line if it shows good green candle. Else buy at time it takes support at red trendline.
GodrejCP making lower lows on daily TF. A trade to react Recent candle giving confirmation of a swing high and any closure below PDL will initiate short Trade 636 . Break of plotted resistance will make it higher and will initiate a long trade .
Godrej CP September Expiry Trend & Trade !!TREND ANALYSIS
TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then short.
