Godrej Properties has shown trend-line breakout and retested the same, and is now ready for a big move. We can expect a move till 2000. Other factors:
1. RSI - improving
2. MACD - Positive
3. Real Estate Index - Positive
4. Highest TTM Sales, Net Profit, and we can expect a good quarter results
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There is a fresh breakout in Godrej Properties Ltd.
This can create momentum in this stock for upside of 2500 because there is movement in realty sectors.
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...
this is the zone pending orders
of the big institutions or smart are
pending.. we are looking to join them
when the or if the price comes down to this
zone.. so that pending orders of the
institutions and our buy orders will get
executed.. rallybase rally set up.. only for edu purpose only..trade was planned on 14.12.2023 at 23.18 pm
#Godrej Properties showing strong signs for medium to long term.
#After a solid bull run since April 2023, consolidating for the past four months while maintaining a bullish structure.
#Weekly charts indicate a change-in-polarity pattern at Rs 1,500, confirming bullish sentiment.
#Detailed daily analysis reveals consistent trading above key moving averages...
NSE:GODREJPROP
cmp is 1817
this setup looks good to make awesome gains in coming six months
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and...
he stock retraced 61.8% of a major swing. This is a first indication that the trend is intact but weakening. Hence the rally has to be sold into. Elliott- The first correction to 1041 was wave A. Now wave c of B will likely go all the way to 2240. This is also the zone where wave c is equal to wave a. In my view this will be the best exit.
Godrej Properties gives breakout on daily timeframe with high volume. stock has take resistance from 1750-1760 level for multiple time. now resistance break with high volume. stock have good potential to give good return in upcoming days. Current Price = 1832 1st Target = 2000 2nd Target = 2250 3red Target = 2500 SL = 1720 (Closing Basis). ...
In the Weekly Chart of GODREJPROP ,
we can see that, it has given trendline breakout.
Let it retest and then enter with SL.
Expected momentum is shown in chart.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Descending Triangle
📌 Symbol/Asset: GODREJPROP
🔍 Description: Stock has given breakout with huge volume. Showing strength in the stock.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further...
