GODREJPROP trade ideas
GODREJ PROPERTY LONGGODREJ PROPERTIES STOCK IS GOING TO BREAKOUT SOON
IT IS GIVING A GOOD RISK/REWARD RATIO
SEE CHART NSE:GODREJPROP
Might See a Downfall SOONIF (and I say IF in caps), it follows its 60 min charts, I can see a downside soon,
In previous trend when it made double bottom (W) trend it made 5 bottoms before falling,
Now in this current double bottom (W) trend 5 bottoms have been made, if it follows the trend then will make a 6th bottom near 800.
GODREJ PROPERTIESTHE SHARE SEEMS TO BE IN BULLISH MODE BUT FROM THE CLOUD POSITIONS, IT SEEMS THE PRICE WILL COME UP TO 754 ONCE THE 845 LEVEL IS BROKEN.
ENTERING AT THIS LEVEL IS NOT SUGGESTED.
GODDREJPROP - Bullish Bat - 4H TFBullish Bat on 4H Chart of Godrej Properties. BUY - 824-828.
I just started learning Harmonics, so don't know how to calculate Target(s) & SL, yet.
Godrej Properties Build Up Area BreakLooks like Godrej Properties is on verge of Build Up Area break.
This break of Build Up Area should be considered as weak beak because Major Resistance Level isn't yet broken.
GODREJPROP Seems very much overbought.Seems very much overbought. Can correct 1%+ if Nifty is bearish.
Short term bullish Short term bullish and will remain so till 789 is held. Intermediate term target 950
GODREJ PROPERTIES : BUY Above 620 : Trendline BreakoutBuy Godrejprop above 620
Stoploss 598
Target 695-750
Risk -3.40% & Reward 12.35%
1 : 3.63 Ratio.
RR is calculated on 1st Target. 695
