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Godrej Industries Daily Analysis
Bullish Gartley + Demand zone
Targets - 487-499-509-519-534+ CMP 482
Indicators are looking weak and in monthly chart double top formed.. refer chart for other details.
Description given in the chart.
GODREJIND (Godrej Industries Limited) BUY ABOVE 545
Levels mentioned in the chart!
Short below 536 with SL 544
buy if it crosses PDH with a SL at PDL
GODREJIND was down in a 200 points up nifty
Go Short Below today's low
Never lose your money & Never forget it. Margin trading is NOT recommended. Do your own analysis before initiate trade.
Buy Below 510
Stop Loss 460
Duration 5 Trading Days
sl 489 target 546
GODREJIND: BUY 489.6 Stop loss 478 Target 510
GODREJIND has traded on NSE with volumes more than 5 times its average.
Trade at your own analysis.
SWING TRADE IN GODREJIND
One can look for Target of 500
Reposting the weekly chart. Price has closed at 200 Weekly EMA. Here-from price may give strong upside, as it did many times earlier. SL is 478 on closing basis.
In all the instances presented here on the chart price turned up from 200 WMA. GodrejInd is again at 200 WMA. 200 WMA is 483. LTP 472. One may go long if price closes the day at or above 483.