Market insights
GODREJCP- at trendline supportGODREJCP has been trading near trendline support and moving in a range for the past 12 trading sessions.
BUY GODREJCPBuy Only If Heiknashi Candle Made OPEN=LoW on daily basis next day , I think it's time to reversal
GODREJCP keep it - long wayGoing up breaking 52 week high - Financial report looks good, definitely will give good return
Godrej CP Broke out from Ascending Triangle and Channel Price has broke out and gave nice big volume candle with bullish momentum candle body MA is supporting the price
wait for the retest to take a trade
1 target will be 806
2nd will be 824.55
Please share your views too
#GodrejCPNSE:GODREJCP has given a fresh breakout today. We might see good upside momentum in coming days
Godrej Consumer Products- Multiple BreakoutsStock has confirmed an inverse Head & Shoulder Pattern breakout.
Stock has also broken a long term trend line at the same point.
First resistance is around 850 levels post that previous all time high.
Inverse Head & Shoulder can take the stock to 1000+ levels in few months to an year.
Fundamentals are pretty strong on various parameters like earning, pedigree, growth & FMCG business.
head and shoulders, wait for breakoutWait for break out of head and shoulders pattern for 900
educational purposes only.
Godrejcp - Intraday Trade SetupGodrejcp CMP - 727.25
Looking bullish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Buy at or Above 729 / Stop Loss 722
Target 1 - 733
Target 2 - 737
Target 3 – 740
Disclaimer: This is my view and for educational purpose only.
GODREDGE CP can breakout from Inverted H/S patternGODREDGE CP can breakout from Inverted H/S pattern, its in uptrend on 30min time frame too
GODREJCP - On crucial supportGODREJCP is sitting on a trend line support.
With nearly 72% delivery percentage on 9th December, I think accumulation is done and it is ready to give big upside move.
