Godrej Properties. Elliot waves The down side impulse Elliot waves have completed and correction waves have started.
The upward wave C is due.
We can buy at current levels for decent returns.
GODREJPROP trade ideas
Godrejprop Trendline BreakoutGodrejprop is ready to give a breakout and we need a good close above trendline with volume.
RSI is turning bullish
RS is positive
Macd ready for crossover
#GodrejProperties Swing Opportunity NSE:GODREJPROP
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Bigger Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 1359.35
SL :- 1200 (Closing Basis)
Target 1:- 1499
Target 2:- 1609
Target 3:- 1734 and more Trailing basis
Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Godrej Properties Chart Analysis !!📈 Godrej Properties 📉
This Stock Broke out from a resistance zone of 1600-1640 which was tested several times and today managed to close above it with green candle.
This chart can be a long term proposition to go for because most favourable risk reward it’s offering with good base building also done on lower levels.
Bias - Long
Target - 1781, 1979, 2098, 2241, 2445
SL - 1525
RR- 1:5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Godrej PropertiesImportant breakout and breakdown level marked on chart. Until broken either ways, stock will be rangebound.
GODREJPROP - Head and should patternAll details are given on chart with clear explanation.
1. Godrej Properties was in the downtrend since Nov 2021 with LH and LL pattern.
2. Last LL was not taken out by following candles and formed Head and Shoulder pattern in the bottom which indicates trend reversal
3. Breakout happened but with not much impressive volume
4. Chart pattern looks very good and attractive
5. Overall Real Estate sector is in positive
Disc - Am not a SEBI registered. This post is only for educational purpose and do your own analyses before taking any position.
Godrej Properties Cmp 1623 dated 25.3.2022Godrej Properties Cmp 1623 dated 25.3.2022
1. Triangle Pattern on chart
2. BO @ 1640
Buy above 1640 for a tgt of 1700-1760-1795-1860-1900 SL 1535
It is just a view, pls trade at your own risk.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGodrej Properties
Stock at trendline Breakout level and also formed Head & Sholder pattern
Now trading in a resistance Zone
Buy at CMP or above 1660 levels for positional targets of 1780/1950
Keep SL at 1450 on closing basis.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
GODREJPROP : TRENDLINE RESISTANCE + HORIZONTAL BREAKOUT Godrej property has broken long resistance trendline
and testing 1640 many times if break the combination of signals
will lead to a strong move above 1640.
entry:- Above 1640
target :- 1690 , 1750
GODREJ PROPERTIES TREND REVERSAL?GODREJ PROPERTIES after severely falling from its highs has made a falling wedge pattern and given a breakout on a 1h time frame and is consolidating with a formation of "W" pattern and another wedge breakout around its crucial resistance zone of 1630-1650 levels ,once these levels are taken out good upside momentum upto the levels 1740/1770 can be seen and in case due to the war scenario or any kind of negative news comes in and the levels of 1530 break a quick momentum of 80-100 points can be seen on the down side .keep it on radar.
Must be on your watchlist (breakout level) godrej prop cmp 1622.95 in a downtrend channel from the last 6 months , knw at breakout level , if gave a strong breakout and strong closing , for swing trade, can go long with small stop loss.
do your own analysis before take a trade
GODREJPROP | Opportunity to earn 20%+ in Swing Trade !Opportunity to earn 20%+ in swing trade.
CMP: 1622.95 ( Good to Buy @ 1588 )
SL: 1533
Target: 1712 | 1797 | 1935
(Targets calculated on the basis of Fib. and previous swings)
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
Godrej Properties has given a breakoutGodrej Properties has given a breakout, close above 1640 can be an opportunity. Stay tuned.
GODREJPROPShooting Star at Resistance + Monthly High.
RSI Indicating Bearish Hidden Divergence.
Previous GAP acting as Resistance
Given Trendline BOThe stock has given a trendline breakout and looks good positionally for 4-5% further upmove.
Learn & Earn,
Dr. Tanya Kumar
Keep a watch on GODREJPROP above 1630 can fly I will buy GODREJPROP because :
The price is on the verge of breaking resistance
If the price breaks 1630 level it can fly
Entry : 1630
Target : 1800/200/2400
Stop loss : 1375
Long GodrejpropCurently Stock is at MonthlyDemand Zone. Trade is active, buy in part 1401 / 1350 / 1221.
for the target of 1659 / 1792 . strong close weekly close above 1792, Stock will move towards 1964 / 2161.
Stop loss will be weekly close below 1200.
Note: only risky traders can re-accumulate at 1062 / 1000 - For Long term Investors.
GODREJ PROPERTIES LONG TERM BUYING OPPORTUNITYGodrej Properties have corrected a lot from highs but now it is taking a support at long term trendline. Realty sector is fundamentally good for next 5-10 years to this correction looks like a good opportunity. The deal with DB Reality is off which Initially had a negative impact on the stock. Also due to overall correction in market and reality sector it is at its 52 week low. So good buying time!
Godrejpropgainprofit066
High : 14/10/2021 : 2,598.00
Low : 24/03/2020 : 505.00
75% : 2074.75
50% : 1551.50
25% : 1028.25
SUPPORT ZONEStock is taking support and Bounce is Possible on this price.
Expected Good Buying on this level.
Risk rewards ratio is also Good.
