Godrej Industries Support Idea1. Wait for a formation of green candle.
2. Enter at the high of the candle (if breached) next day with low of that candle as stop loss.
The trade has not triggered yet!
GODREJIND trade ideas
Intraday Trade set up in Godrej Industries for buy Godrej Industries Outlook: Buy at 600-603.50 level with Target-620, Stop-595-94 level. and beyond reached 620 level and close at that area you can little expect to 640
#Godrej Industries #Bullish GartleyCan Touch 600-620-640-660 in coming days, CMP 588
Best buy levels 560-570 (which looks difficult to get)
SL 550
GodrejInd Theta Decay TradeGodrej IND is a strong fundamental company and currently is in the uptrend.
Aggreesive People can buy from the current levels with the stop loss and take profit shown in the chart.
Conservative People can sell 600 PE which is at 2.4 for netting a profit of 3600 INR in 11 days
GODREJIND - THE BEARISH GARTLEY + RISING WEDGE.Sell in the range 620-630 with a stop loss of 645 Target - 610 595 575.
Godrej industriesAs we can see on 27th July stock took support around 669 at bottom of its regression channel but eventually on 28th godrej broke that channel and closed below 669 at 663.20 as we can see RSI is around 50 and MACD also showing negative signals(perhaps they are lagging indicator) and 8 day average delivery is around 39.46%(NSE+BSE) in which on 27th july there was highest delivery based selling
godrej may test 650-645 levels in coming trading sessions and if this levels broke it will march towards 620 in near future
Godrej Industries : If that Break happens...There is nothing to get confused here , just waiting for simple breakout in Godrej Industries.
Happy Friday !
godrej ind.stock is in uptrend
moving inside the raising channel
almost touched the lower end in previous session
and bounced
one can look into this stock above the previous candle
for target towards upper end or 588/594
with sl placed around 570
godrej might go either waystock is in up trend
in recent trading sessions pulled back a bit
now at crucial make are break level
since markets are choppy and stock specific
looking for a long position here
strict entry is above 528 (preferable close)
towards channel and BB resistance
Godrej Industries Baby StepsIts got a long way to go. Stepping up from a leading diagonal since 2010 to 2016 .
Godrejind Intraday veiw for 26-04-2017My view for tomorrow Buy it around 532-35 with SL 529 .. target 545-53
Godrej IndMonthly going strong.
weekly closing above 539 will bring 620 as tgt 1
higher target later...
Short Godrej Industries PitchforkAndrew's Pitchfork seems to capturing the price movement well so we can frame a short trade on its basis now. One can short the stock now or wherever the Stop Loss of 525 is affordable to them. We can expect the target of 465 easily. It may also touch the Demand Zone *Price Range 418 - 435* so the trade may be continued with trailing stop loss.
SELL GODREJIND BEARISH CRAB As it can be seen that the stock has formed a bearish crab and then coming downward to achieve its target so traders can go short for the very first target of 462 - 460 ( 90% probability) and if it breaks below 460 on closing basis then our next target will be 425. And maintain a closing basis stop loss at 500.
Ascending and Inverted Scallop !I've observed a trade able Ascending and Inverted Scallop pattern in the stock. Trading rules say that one can enter long when it closes above the high of the pattern which is today with the stop loss the Low made during the pattern. Applying the rules : stop loss 395 and target 465 which gives risk to reward only 1 so I am avoiding the entry and keeping it for learning and education purpose.
Bearish Gartley on Godrej IndustriesBearish Gartley Pattern is about complete, right at a previous support level.
