Godrej Consumers has given a long awaited breakout above a 14 month long trendline. It went sideways for around 8 weeks before closing above the trendline on weekly basis.
The BB is challenged and RSI has closed at 60, both are bullish signs. The consumer sector has underperformed in last 3 months and Godrej has been on of the best performers in this sector in...
Godrej Consumer Cmp 942 dated 17-2-2023
1. Chart making HH-HL
2. Flag Pattern BO above 950
Buy above 950 for target 975-1000-1020 SL 920
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out...
Price is at trend line support. Buy above 923 with the stop loss of 918 for the targets 928, 933 and 938. Sell below 915 with the stop loss of 920 for the targets 910, 905 and 900. The habits you form during trading decides your consistency.
The stock is making a cup and handle pattern on DTF.
Buy above 921 level for intraday targets of 925 and 928.
If it closes above 921 level on daily basis the stock can test 950 level is very short term.
Learn & Earn,
Dr. Tanya Kumar
Stock is in range of 870-910 since 12th Dec-22. Stock is moved up to 916 today ( 5th Jan-23) with good volume. If, Stock is sustained go higher above 930, then we can see bullish trend in this stock.
Note : I am not SEBI registered investor. This article is only for learning purpose.
