GODREJCPGODREJCP 1D > . it broke the support line and regained today, also broke the trend line too. we can expect it to continue the trend. keep an eye.
GODREJCP trade ideas
Swing Trade in GodrejCPOnly for Educational Purpose.
Go Long above 677.6 for target 709.15 with SL 646.15
Reasons :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
2. Also a bullish candlestick pattern, bullish engulfing (marked with dark blue circle) is formed at 0.5 Fibonacci level.
3. Also there is a strong support zone (marked with a green rectangle) around 0.5 Fibonacci level from which the stock took to support and moved up.
So there is a high possibility that stock will show upmove and we have placed our target just below the resistance level (marked with a red rectangle).
[Positional] GODREJCP good for 18% moveGood for the target of 780
Taken support at 641
R:R - 1:3+
RSI Divergence
GODREJCP_Bulls can winGODREJCP is trading in a support zone. It may shortly give breakout of trendline and start moving upside.
Lets see how it performs.
(for educational purpose only, do not invest without your own research)
Godrej Consumer Bullish CRABGodrejcp is near to demand zone. we can go long with SL near to demand zone
► ADVANCE PATTERN #7: GODREJCP ◄► ADVANCE PATTERN #7 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 701
SL: ☢ 670
Target: ➚ 760/800/860
RR: ☈ 1:3.3
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Godrej consumer products long The script can be bought for long at cmp and on dips for short term ( 1 to 2 ) months for 5 to ten percent gains
Godrejcp | Inverted Head & shoulder Breakout 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
-- Buy above =767 or CMP
--Target = 850 | 898
--Stop-loss =716
--R:R =2.55
--Expected Profit = ( 16% )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) stocks has given the Breakout of major resistance & retested is DONE
2) Head & Shoulder Formation & its breakout
3) there is a ascending triangle pattern sort of
4) Volume is very perfect at the time of breakout & after the retracement as well
5) Targets is based on S&R zone rather than pattern's height
Guys check out the related ideas as well, it will work really well GUARANTEED !
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Godrejcp: Ascending Channel Pattern (Time Frame-1Day)Godrejcp- Ascending Channel Pattern
Chart time frame -1 day
Trade type -short term
Duration - 3 months
Entry - 685
Target 1 - 760
Target 2 - 800+
Stoploss - 670
Risk:Reward - 1:5
Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
low risk trading 20% up 60 dayslong for 60-70 days up 20%
for trading in short term click on link below for short term analysis for same stock
GODREJCP BULLISH AFTER 2 SESSIONSIF COMING SESSION MATCHES GIVEN PATTERN THEN IN LONG TERM CAN GO UPTO 15 PERCENT BUY AT EVERY DIP
Intraday TradeLooks Good to Buy above 706.60, SL 699, Tgt 1: 714.80, Tgt 2: 722.90, Tgt 3: 731
Sell bellow 694.70, SL 700.50, Tgt 1: 689, Tgt 2: 682.70, Tgt 3: 676.85
