Long - GodrejindLong with stoploss below support
Target 1 - 620
Target 2 - 640
Target 3 - 650
Always trail stoploss
GODREJIND trade ideas
Godrej Ind Breakout TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low. But try to get the entry at lower level because the stop loss will be near skewing better risk to reward.
GODREJ INDUSTRIES Magic LampNo . i am not saying that this stock is a magic lamp.
without the drawing its...
keeping the stoploss of 605 one can buy for intraday target of 620 and 625. on daily chart it seems the it has finished its corrective phase and trying to resume its original trend. Above 615 in intraday it kwill gain momentum
Buy GODREJIND above 620 with short term target of 690The stock gave a breakout on the upside after breaking out from a downward corrective channel. This channel was formed when the stock entered a corrective phase and remained under broad consolidation. Weekly MACD continues to remain in a continuing buy mode. Weekly RSI remains neutral and is seen marking higher bottoms. The stock suffered a classical throwback post the breakout and is now seen attempting to resume its up move. A candle with a long lower shadow emerged after a throwback occurred. It remains significant as it emerged near the support level of 50-wMA. We may see stock seeing upward revision in prices over coming days. Any move below 575 will be negative for the stock.
Initiate a long Trade on GodrejINDInitiate a Long trade on GODREJIND , from 605 , SL @ 599 , Targets (1) 610 ,(2) 616, (3) 621, (4) 629, (5) 632, (6) 640
Time frame :- 4 to 10 days
After completion of 1st target, revise stop to cost
godrejind good for long as per charts i see a good one way uppve as per chart setup after a consolidation and fresh breakout ! move may extend even above 700 levels !
Godrej Ind - All Set for 700NSE:GODREJIND has broken above its resistance.
Go long above 650.40
T1 - 671.50
T2 - 697.65
SL - 625.75
Godrej Industries Weekly Chart StudyGodrej Industries has broken from inverted H&S pattern .Looking bullish on the charts.
GODREJ INDUSTRIES - BUYPresently, moving above 100 EMA and chart pattern showing an upward trend which may give a move of 20-30 pts.
If it breaks the upper resistance line above 660 level it can give a good move.
MACD is above zero line with bullish crossover.
Keep watch on it for future price movement.
Long on Brake Any Move above today high after 20 Mints sustain buy it and Place the stop today low and stay with it , look for brake of structure near 635 , if broken strong then stay with it its going for next 686+ , if ranged then exit with trailing stop , any move above buying you must keep stop brake even +1 point ,
Long on Drop Reversal One can Look for Going long on drop near 279 and reversal on 4 Hour TF for next up move , stop would be below the 4 Hour candle low
Godrej Industries - On the verge of a break outNSE:GODREJIND is on the verge of the break out.
Go long above 632.15
T1 - 661.10
T2 - 701.25
SL - 604.20
