odrej Properties has been bearish from 2021-10-14, As seen from wave structure it looks in primary wave 2] and may have completed its correction near 1133 level. We are assuming ABC of correction has been finalized and it has started an impulsive move towards its all time high. The 1133 will be an invalidation point for this impulsive move. Long can be initiated...
Godrej Properties is taking support at 0.382 Fibonacci level. Best entry will be near 1329 which is a trendline support as well as 0.50 retracement level. 1st target 1706 2nd target 2003 SL Below 1280 on closing basis which is 0.618 fib level.
small risk trade buy above 1235 in Swing/positional trade SL below 1130 Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
SELL : 1529 TO 1373 TARGET : 822 TO 730 Reason For Selling This Script : In this script it has formed head and shoulder pattern in in monthly time frame. Now price has been broken the neck line and retested the neckline. So we can go for sell side target above mentioned. Note : Above given levels are based on monthly & weekly time frame . So be patience...
Just placed my idea in Position drawing. Red Zone: Resistance or Breakout Zone Grey Zone: Repeated Hurdles (Support/Resistance) Green Zone: Support or Breakdown Zone Note: BUY above Red Zone BUY at Green Zone. SELL at Red Zone or Trail at Grey Zone Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage. Also you can ask for my views on any chart.
Just placed my idea in Position drawing. Red Zone: Resistance or Breakout Zone Grey Zone: Repeated Hurdles (Support/Resistance) Green Zone: Support or Breakdown Zone Note: BUY above Red Zone BUY at Green Zone. SELL at Red Zone or Trail at Grey Zone Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage. Also you can ask for my views on any chart.
One can take entry above 1470 with Small Stoploss of1395 on closing basis for the target of minimum 1665.. It's your own risk This is only for education purpose only
Just placed my idea in Position drawing. Can go more upward. Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting). Grey : Small Resistance/Support Levels Green: Buying or Support Zone (buy at support) Red: Selling or Resistance Zone (but after breakout) Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
With medium term view looks good on buy side.. after struggle gave closing above the resistance
chart is looking for long entry with minimum risk if market moves in consolidation or upside, Stock can move upside targets.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
As per Elliot wave godrej property downtrend is over , also forming wedge pattern nd string demand zone of 1540 , go long in this counter
Stock reached confluence of several supports.......strong S&R zone(blue box), 200 WMA(violet line), lower median of white pitchfork, AVWAP(white) and in addition key fibo levels... Note: since overall market is bearish do not expect big bullish moves immediately....stock likley to consolidate before moving up
Symmetrical Triangle at very important level We see hare a long time consolidation . At verry important level switch daily time frame clearly seen. Other wise it's on u 🥳
stock at crucial support zone may it can spent some time or it can immediately reverse from here
Godrej properties is now at pre-covid high levels. This looks like a good place to buy this stock. I do expect it to easily double in the next 3 years. Looks like a very favourable risk to reward ratio in this case.
T- 1150/1065/967 SL - 1425/1500 Time frame : 90 days Reason : Rate hike , Inflation could keep it down, so its prudent to sell on rise.