SL close below red trendline/ 901 - weekly candle close
Godrej CP is looking for breaking the trendline resistance since Nov 2021. if it sustains above 945, it will zoom to 1000++ very soon.
The stock is making a cup and handle pattern on DTF. Buy above 921 level for intraday targets of 925 and 928. If it closes above 921 level on daily basis the stock can test 950 level is very short term. Learn & Earn, Dr. Tanya Kumar
he stock gave a triangle breakout .. Buy above one day closing price for both intraday and positional further move.
CMP: 930 - Bounced from the 50 EMA - Trading near 52-week High - Contraction near the resistance zone Needs to be watched carefully👀
Godrej Consumer product is tending to break its long term triple top resistance .Also a short term cup and handle formation happened. So upward movement is sure .
Price is at trend line support. Buy above 923 with the stop loss of 918 for the targets 928, 933 and 938. Sell below 915 with the stop loss of 920 for the targets 910, 905 and 900. The habits you form during trading decides your consistency.
#Godrej Consumer Ascending Triangle Pattern CMP:915.15 @ 12 Jan 2023
Stock is in range of 870-910 since 12th Dec-22. Stock is moved up to 916 today ( 5th Jan-23) with good volume. If, Stock is sustained go higher above 930, then we can see bullish trend in this stock. Note : I am not SEBI registered investor. This article is only for learning purpose.
Godrejcp can breakout of the channel pattern - Can add to your watchlist for a breakout trade. For study purpose only.
890 is the ICMC 890.35 is the retested value That's how precise is NimblrTA 890+0.1% is 890.89 is within the retested range.
Godrej CP - in process for creation of inverted H&S Pattern , Can it will complete the formation
GODREJCP dailychart can be seen forming Cup and Handle Pattern. A potential breakout can be seen above 957. Disclaimer- This trade setups is for educational purposes only.
Study: 1. Stock bouncing from Trend line support. 2. Stock bouncing from Support zone. 3. Short term trend line breakout. 4. Ready to give Symmetrical triangle pattern breakout in hourly chart. Target and SL are as shown on chart
GODREJCP - Price is taking upport on its Demand Line, and the current trend is positive. RSI Bullish Divergence and price action indicating strength. This trade will be low risk and great reward, in my viewpoint. Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below. Thank you