Godrej Industries CMP 440 Enter Once crossed 450.Godrej Industries CMP 440 Enter Once crossed 450.
Earlier this Area was Resistance which became Support if sustain.
GODREJIND trade ideas
Godrejind - 3% upmove targetGo long above 426 target 445 stoploss 395
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Oleochemicals (FAT) PlayExcellent business. Good till Yellow line holds. Any sell-off to 300-350 levels. BTFD.
Godrej IndA cup and handle pattern which is reflecting a potential upside movement and honestly a good move is what we can expect.
Posting all these before Breakout so we all can keep an eye...
Good Luck....:)
Godrej Industries Long Godrej Industries retraced to 38% fibb lvl which looks like 4th wave here and bounce from here triggered a 5th wave.
Buy Godrej with reverse trade support.Buy Godrej Ind. at CMP.
Target 420
SL 390
If it touches SL do reverse trade and Sale for the target 375-380.
GODREJIND SHORTThe price has broken the near term trend line and hence I believe it may see some downside.
Short at CMP.
SL: 400.15
T1: 382
T2: 374
Risk Reward - 3.72:1
GODREJIND looking BullishIt has formed a bullish hammer candle at 78.6 Fib level. The stoploss can be placed little below 78.6 level i.e, 410 and Target 1 can be 442, T2 can be around 458.
This is as per my analysis.
Happy Investing.
Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.
godrejind , IN !!!!In the weekly bearish channel ( long term ) reversal this week , , but short term structure is bullish so wait for the DIPS and also will look for the breakout !!!!
GODREJIND BAT HARMONIC PATTERNPlease note that the patterns shared are only for educational purpose.
GODREJIND Buy For 298 319 332 346 365 372 386 410 SL 238GODREJIND Buy For 298 319 332 346 365 372 386 410 SL 238
Godrej Industries - Potential bottoming out candidateLook to buy around 254-250 as a potential bottoming out candidate.
As its a bottoming out candidate the SL for such buy would by significantly lower. So SL around 245-240.
Godrej - Solid foundation, Go LongCurrently, the stock is pushing above the 38.2% retracement of the month high to low.
Last 3 -4 candles have exhibited higher lows with similar tops.
Volumes have been high and there's a lot of accumulation at these levels.
Market Facilitation Index is indicating a reversal of the downtrend.
Also, the stock has settled comfortably above a Gann resistance level...
Long with a target of 460-470
Godrej Industries - Solid foundation, Go LongCurrently, the stock is pushing above the 38.2% retracement of the month high to low.
Last 3 -4 candles have exhibited higher lows with similar tops.
Volumes have been high and there's a lot of accumulation at these levels.
Market Facilitation Index is indicating a reversal of the downtrend.
Also, the stock has settled comfortably above a Gann resistance level...
Long with a target of 460-470
