GODREJIND trade ideas

praveen.bhatiya Updated 

I've observed a trade able Ascending and Inverted Scallop pattern in the stock. Trading rules say that one can enter long when it closes above the high of the pattern which is today with the stop loss the Low made during the pattern. Applying the rules : stop loss 395 and target 465 which gives risk to reward only 1 so I am avoiding the entry and keeping it for...

safri

Bearish Gartley Pattern is about complete, right at a previous support level.

Eatsleeprepeat

Description and Targets on Chart

tanuj

we see a bearish engulfing pattern and we see a bearish divergence there short the stock !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

silverrr1991

Godrej Ind Can be Shorted around 420 to 425 for a T1 401 T2 390

naval3377

Godrej industries is trading in upward channel on monthly chart. if it is give close above 435 is is good buying opportunities. target minimum 10% upside enjoy this trade

SirajHudda

GodrejInd is giving a Short Setup.. Stock gave a 5 wave decline from 542 to levels to 387 levels in Wave A and has since retraced backed to 78.6% fib. One can go short on the stock at current levels with stoploss just above 453 and Targets of around 380 and 350 wave Wave C. Details are on the chart. Happy Trading!!