BREAKOUT WITH FLAG PATTERNAfter down ward channel its made rounding botton,after breakout know it has made flag pattern
GODREJCP trade ideas
GODREJCPIts a FLAG PATTERN and also looks like VCP pattern
Buy abv - 900
Target - 978
*candle close is important
GODREJ CONSUMER WEEKLY DOUBLE TRENDLINE BREAKOUTGodrej consumer given range breakout on both trend lines down trendline and on horizontal trendline too and looking good by increasing volumes too
Cause of Long
1- Down trend line resistance breakout
2- Horizontal trend line resistance breakout
3- Good Volumes
GODREJCP | Looks good for a small swing trade 10-15%GODREJCP | Looks good for a small swing trade 10-15%
Consider adding 50% now, remaining in dip
CMP : 757 (Dip : 720)
SL : 700
Target : 825
1:4+ risk reward from dip.
Godrejcp - sell on riseSell from cmp to 892
easy tg - 872
tg2 - near 200 sma
It has crossed above 200 sma, and likely to retest it.
It is highly overbought now, tomorrow some profit booking will be there.
Disclaimer : This is my personal analysis for study purpose not intended for trading
GODREJCP - Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
GODREJ CONSUMER looks goodChart -> Godrej Consumer Daily
After a downtrend with dried-up volumes, the stock was consolidated for 4 months and now has given a breakout with good volumes.
CMP: 880
Good to buy around: 850
Targets: 947, 977, 1007
SL: 820 on a closing basis
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Godrej CP - Rounding Bottom BreakoutGodrej CP finally gave a breakout of rounding bottom pattern in daily time frame.
You can go long keeping breakout candle low as your stop loss.
GOdrej Consumer will you take it ?NSE: GODREJCP
If Breaks Then The Targets could be Taken at 892
Time Frame :- 1 Hour
Patterns Name :- Inverse Head and Shoulders
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made By MAYANKTECHRESEARCHING
BreakOut Trade Godrej Consumer forming rounding bottom pattern in 5 mins timefreme. Looking Good For Short Trade.
Godrej consumer analysis | Godrej cp outlookPerfect Symmetric tringle
Looking bullish ahead
Start adding above 794.55
Target 1 : 837 & 876
GODREJC CONSUMER PR forming triangleGODREJC CONSUMER PR (GODREJCP) stock is forming a triangle pattern in day time frame...we can take entry when triangle breaks....and keep SL #supportline
Trendline Breakout: GODREJCPLooking for a short-term investment stock to protect your portfolio against the current market selloff? GODREJCP is looking good on technical charts.
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
This stock has accumulation in higher tf chart has accumulation on daily chart any breakout in hourly chart is expected for buy trade above 780 for tgt of 807 and835 with sl 773 pls wait for confirm sl till it triggered
#Godrejcp cash : Looks good above 765.10#GodrejCP Cash -Positional call
09.June 2022
Looks good above 765.10
and dips 755-757
(after crossing 765.10)
Stoploss 745
Target 788-790/820
Cmp 763
GODREJ CP - Possible DowntrendCurrently in Head & Shoulder Pattern
Bearish only below 750 area
Targets up to 660 areas
Wait for breakdown and pullback
Godrej Consumer
Godrej Consumer, Perfectly forming another Head and Shoulder Patter, Share is bearish, Sell at right time and make profit 🙂 ... Investment 80k possible return 80K ...
This is only for educational purpose ..trade as per your knowledge and experience
Risk 5% reward 100% 🙂
Godrej CP Godrej CP in a wide range of 90 points, the overall structure is bearish, put this stock on a watch list for swing trade
GODREJCPSwing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
