The price had a breakdown from the pattern and pulled back to have its level tested. Now expecting a possible bear signal at 1055-60 level to go short for a target of 1035. If it gaps down and opens below 1043, can go for a small scalp 10 point move. Entry - 1055-60 level or below 1043 based on future price action. SL - 1073 T1 - 1045 T2 - 1035 Purely for study...
Buy GODREJCP at CMP (1090+) T1: 1125 T2: 1200 SL: 1065
Bullish Divergence noticed in NSE:GODREJCP along with Bullish crossover (%K line rises above %D) and bullish MACD crossover (MACD crossing above signal line). Bullishness should remain for next week (26thFeb to 2nd March) that can take stock to 1070, 1092 & 1128 levels.
GODREJCP has been moving in a very narrow range for couple of days making a small bodied range. Probably building the Potential Energy soon to be converted into Kinetic Energy. ALso ARVIND--> and PVR-->
Can bounce , double bottom formation needs to hold in daily
GODREJCP has been an outperformer since few days now. One can look to buy GODREJCP around 1100 with SL 1070 and TARGET of 1154. THIS IS A RISK TRADE SO TAKE SMALLER POSITIONS.
GODREJCP has been trading within the channel since mid 2009. Currently its finding support at the channel bottom. Investors/positional traders can consider this as a buying opportunity as long as the channel bottom supports the price action. PS: Please use this idea in addition to your analysis.
GODREJ CP has been moving in a slow up channel since six months.Currently on the edge, awaiting a breakout or reversal
NSE:GODREJCP has broken above the symmetric triangle. One can long it above 1006.50 T1 1034 T2 1083.10 Sl - 965.20
Consolidation breakout above 984 in GODREJCP.
GODREJCP has been respecting neckline for a while making nice accumulation/distribution zones. Currently on the neckline awaiting breakdown/reversal on account of new GST Rates.
GODREJCP : LONG ABOVE 983 SL 975 TARGET 989-995 Trade set up valid for 7th november only. or till It Does not Break Lower TL. Take it as a Day Trade only. On the Day When Buy Above level Crossed and Trade is active then exit trade same day. Either Stop or Target or at 3:20. Sharing for Education Purpose only. **
GODREJCP is back on testing a support/res level. A break about it can push it to test the lifetime highs again. or it can revers to make another leg down
NSE:GODREJCP is a buy for tgt of 1050 , maintain ur sl wisely .