GODREJCP trade ideas
GODREJ CP-Buy BuyLooking bullish in higher time frame. One can go long with mentioned key levels in chart.
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Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
Godrej Consumer Products H&S patternGodrej Consumer Products:
- Bearish Head &Shoulders pattern neckline BO done. RS line shows underperformance.
- Currently at crucial 200DEMA support, if breaks then downside up to 860/800/740 may be seen.
Only for educational purposes, not a buy/sell recommendation.
Ready to Take a Leap Along with TataConsum, another consumer sector stock GodrejCP also showed some strength and buying interest from some investors. BullPower Indicator has also been ready to cross BearPower indicator upside and price action shows its ready to take a leap in coming days.
Buy TataConsum strictly above 1065 with SL1030 for targets 1130-50 in next 1-2 months
For education purpose only. All disclaimers apply.