GODREJPROP trade ideas
GODREJ PROPERTIESIm not an expert im just sharing my views on GODREJ PROPERTIES for today
Im not responsible for any profit or loss this is not a recommendation
GODREJPROP is Making Symmetrical Triangle Pattern (Breakout)Godrej Properties Limited : Real Estate Company ( NSE:GODREJPROP ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for iNTRADAY Traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.70% of your TARGET , you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already FiXED in the chart pattern.
You always have to trade only by M oney Management, P osition Sizing, S topLoss Trailing. This is the way to stay in PROFiT .
If you want to get something good like this EVERYDAY then follow me here on TradingView now.
Chart Published By Ravinder Sharma
Thank U.
A valid channel ?Although I don't like the R/R ratio, this looks like a good one for a quick bite...
GodrejProp Long Consolidation_About to BreakOuta. Zone: Strong Bull
b. Resistance 1: 936.55
c. Resistance 2: 1178.20
d. Support 1: 845.85
e. Support 2: 604.20
NSE:GODREJPROP
Bullish Rectangle Trading Set-up - Awaiting Breakout Godrej properties - Price is consolidating and trading inside a bullish rectangle after a good impulsive move.
Price rallied from 575 to 900+ in an impulsive move in June 2020, took resistance at 0.618% retracement level. The price is hovering between 850 to 950 range for the last 3 moths.
A clear breakout is awaited above 965 to take a long entry.
Sl should be below 0.618% retracement levels, i.e is below 925-920 levels.
If price corrects form these levels and go below 840 levels before breaking out then this trade set-up becomes invalid.
Godrej Prop - Go long above 908If inside bar (30min) is broken
Go long above 908
SL - 895
Target - open based on RR of 1:2 or 1:1
GODREJ PROPERTIESIm not an expert im just sharing my views on GODREJ PROPERTIES for tomorrow
Im not responsible for any profit or loss this is not a recommendation
Godrej PropA rounding pattern followed by a consolidation near resistance zone above 200 ema and then all the volumes generating suddenly suggests some heavy interest.
Keep an eye Folks might be a flyer.
Godrej Properties Break OutGodrej Properties
This particular stock broke out from levels of 907 on a daily time frame around a month back. The Stock is seen to trade in a rectangle like zone for quite some time now.
Keep an eye on this stock for a break out from 940 levels on weekly time frame.
GODREJ PROP BUYING CALLTRENDERS
POSITIONAL CALL
BUY GODREJ PROP ABOVE @ 935.55
TARGET 1111.25
TIME FRAME 2 TO 3 MONTH
Godrej Shooting StarTarget: 850 level.
SL: Today's high.
Channel is formed plus today's shooting star gives a short signal.
Disclaimer: Views are personal. Follow at your own discretion.
Godrej Properties want to come out of box, Huge VolumesInvested at higher levels, this is for just tracking purpose.
Long when closes above 958. Price after a long struggle trying to break the BOX for the second time. This time it should make it successful and reach the next level of resistance.
As far as the best entry is right at the box support, this is the second chance. Grab the opportunity !!
