GODREJCP trade ideas
If Then Scenerio, for going shortHypothetical Case. If This happens then wonderful opportunity to go short.
Godrej Consumer Long Opportunity ?Long opportunity in Godrej Consumer which did not materialize. Late publication. Wonderful opportunity which could have been.
INTRADAY AS WELL AS SWING OPPORTUNITYIF SUSTAINS ABOVE 660 LONG FOR 5, 10 & 15 POINTS FOR INTRADAY. FOR SWING 45-50 POINTS
GODREJCP : Bearish BAT 12-JAN-2020
GODREJCP : Bearish BAT 12-JAN-2020
CMP: 738.25
Entry : 748.50-758.50
Targets : 735,720
Stop loss: 764.15
Chart by : Karthikdeva
Looks confusing but have a story to say...The weekly charts displays inv head & shoulder marked in green, while the daily charts displays a topping h&s marked in red. Any one pattern needs to be negated. While RSI is into bullish zone, any retracement can be utilized for getting into position in the stock. While the MACD is bullish on daily as well as weekly time frames. It will be a good watch in the coming weeks.
GodrejCP strong moveStrong Support @ 730 Zone.
It may give strong move in intraday above 744.
I will buy above 744 for the target of 758-770.
