intraday trade + swing trade for tomorrowGodrejind anaylsis for tomorrow
just for educational purpose, trade at your own risk
GODREJIND trade ideas
GODREJIND on Breakout. BUY above 489 for Intraday tomorrowGODREJIND on Breakout and with good volume. BUY above 489 tomorrow (Monday 12th December) for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage : The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
sBoth Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Godrej India - Falling Channel BreakoutGodrej Ind :
Falling Channel Breakout Done
Sustaining 460 might take this to 490 soon
Buy stock as near support lineBuy @420
Sell at 465
Supoport lines and are drawn beautoifully.
SL below 415
Bit risky stock but i feel if market is stable if not goes up also then this stork will rise.
Retest done. BUY @CMP. Sell near resistanceBuy @CMP
Target1: 487RS Target2: 514Rs
SL: 457Rs
Near Support level and retest done. So can buy safely.
GodrejInd Long Trade Setup Stock was in short term down trend. Stock recently broken its downtrend resistance line and Retested its nearest support. Stock is also making Higher Lows (HL). Good Setup to go Long with good risk to reward. Everything is clear on chart
Disclaimer: I am not SEBI registered
GODREJINDSwing 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.
Godrej Industry will be a Green Zone for you!The Demand zone is already stated in the chart, and the selling zone will be the ma crossover.
GODREJ INDUSTRIES SHORTGODREJ INDUSTRIES Short for short term.
Monthly chart in the down side.
Target 523 at a fibonacci level.
GODREJINDLevels mentioned on chart by plotting long tool.
Follow position sizing and risk management.
VCP Patter - lets catch some gain!!Godrej Ind making VCP pattern. Hence, keep an eye on the same to enter at the right time.
GODREJIND LOOKS GOODBUY 652-655 T1 680 T2 700 SL 630 -DKM SIR
I can see the further upmove
buy as per your risk
GodrejInd - Bullish volume clusterGodrejInd - Bullish volume cluster suggesting move +700 in near term
Buy at 645 TGT 655 SL 637Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Godrej Industry above 680-700 is BOWatchout for Godrej Industries above 660 for a long time resistance break and finally 700 as the ATH high level, weekly closing basis
GODREJ IND_SWINGAfter testing to 200 EMA on a daily time frame. Bounce back is seen crossing 50 EMA supported with good volume.
Buy with a stop of 588 and target of 697 on closing basis.
Buy 623 SL 617 TGT 628 and 634Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Godrej Industries looks bullishAfter consolidating for long time the stock is trying to come out from the channel.
Good volume has been added.
Looks bullish for short-medium term.
for future analysis just add in watchlistweekly support trendline gives good bounce back support from line
re entering can again powerup for upmove
Godrej Industries Resistance Becomes SupportGodrej Industries increase in the RSI from the last few days. Also, trading at the very good support line which was previously acting as Resistance.
Perfect opportunity for Swing Trade.
Target 640
SL 530
