Day Trading setup in GODREJCP for july 22will feel grateful if you show your love towards the chart idea.
GODREJCP trade ideas
rounding bottom formationnotice how price has behaved with volumes, seller hv been weak throughout rounding formation. where bulls accumulated with heavy volume and wide spread. price is paused after breaking neckline. either it will take pull back to retest neckline or it may fly directly. with 7% sl can be taken long.
BUY at current levelretracement from recent spike is over.
has retraced a decent amount and green candles signal stock might go up from here.
small sl if we enter at current level.
GODREJCP ::: BULLISHL O N G T E R M S I P T R A D E
DATE: 20 MAY 2021
INSTRUMENT: GODREJCP
TREND: BUY
TIME FRAME: DAY
CMP: 268.40
BUY ABOVE: 810 - 812
STOP LOSS: 800
TGT 01: 846
TGT 02: 857
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GodrejCP- Change of CEO has given the necessary boostBreakout above 800 has opened the doors for 900 and 965 levels
Godrej Consumer Products LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
GODREJ CONSUMER : BREAKOUT FROM WEEKLY TIME FRAME CORRECTIONGodrej Consumers Breakout from correction of weekly timeframe which was going from 2018...go long for Long-term for target 2100 in 18 months
Godrej Consumer Bullish pattern in weekly chartIt is forming inverterd Head and shoulder in weekly chart forming a bullish pattern
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
