Bullish on Godrej Consumer ProductsAfter multiple Retest of Demand zone,
Godrej Consumer Products Looking Bullish
at Current levels 725
Expecting with 800 - 850 levels
in Short Term
Keep stop loss below Demand zone.
GODREJCP trade ideas
Godrej Consumer Descending Channel Godrej Consumer weekly and the daily chart shows both ascending and descending channels. The stock is trading below 20,50,100 DMA.
If the critical support level of 800 is broken, more weakness can be seen in the stock and it might break down to fill the gap.
Wedge Pattern BreakoutStock Analysis : Godrej consumer has broken the wedge pattern and break out done as long as it is not breaking the below demand zone, expected target marked on the chart..Let's see
GodrejcpSupport resistance zone marked
Any pull back and bounce from the support area will be a good buying opportunity
This is my view and not recommendation
GODREJ CP-Buy BuyLooking bullish in higher time frame. One can go long with mentioned key levels in chart.
If you like this idea and this Analysis just please like this idea and leave a comment.
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 DAILY CHART made triple bottom . trading above its 200 dma . can add more around 925-927, minor hurdle 948 , if crossed then next tgt 960/1000
#Godrej Consumer Product looks bullish above 950Trend appears to be changing if closes above 950
SL 870
Target 1000
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.
BUY BUY BUY@Thakurji46
From Trader for Trader💸
This is for educational purposes only. Ü can take action after analysing my best stock for good times.
GODREJCP - Regular bullish divergence Note the 50 ema support and reversal of polarity from bottom.
The follow up should be bullish
Buy and hold GODREJCPcan buy and hold godrejcp from now or can accumulate up to be blue zone(fib level) and Must keep Strict SL Below it. Targets will be the blue lines in the chart
Godrej consumer bullishlooks bullish
upward channel
bounced from support at lower chanel , stoploss breaking lower channel
for education purpose only
Divergence Trade 4: GODREJCP BullishGODREJCP took support at 50MA with divergence of RSIDIV-I. Bullish view with support around 1090.
CMP 1123
SL 1090
Target 1150
Godrej consumer productsGodrej consumer in the support level in price action so as per the analysis we can say it will take 1108-1112.40 range as a support level ,one can wisely choose target also
channel patterndescription in chart
bullish for short term till the lower band of channel
overall rising channel
Godrej Consumer in bullish viewGodrej Consumer has gain its momentum ... also it has breakout a cup & handle pattern and retest the level with a decreasing volume ... A strong movement may be seen shortly ...
Godrej consumer rounding bottom pattern formation monthly charttrgt : 1500
GCP : Monthly chart where monthly bullish candle formed and tatget is 1500 .
