Godrej Properties - H&S Pattern to reach 1600Godrej Properties has confirmed Head & shoulder pattern breakdown.
With this breakdown, following targets possible.
2000 / 1885/ 1750 / 1600
SL: 2470
GODREJPROP trade ideas
47% GROWTHใGODREJPROP SHOWING A GOOD REVERSAL SIGN FROM BOTTOMRecently NSE:GODREJPROP almost drawdown 19% from recent high and we plan for almost 47% upward potentially reward.
๐ NOTE:
โก๏ธ ENTRY ONLY IF the weekly candle CLOSES ABOVE 2550 INR.
๐ Godrej Properties (GODREJPROP) is exhibiting a positive reversal from its bottom levels. However, โ ๏ธ signs of weakness remain visible.
โ
Suggestion:
Wait for a strong confirmation with the weekly close above 2550 INR to enter.
Once confirmed, bullish momentum could target long-term profits at the 3802 INR level.
๐ฏ TARGET LEVELS
TP-1 ๐ก: 2836.25 INR
TP-2 ๐ : 3026.00 INR
TP-3 ๐ข: 3405.90 INR (50% Profit Booking Recommended Due to Resistance โ๏ธ)
TP-4 ๐ฉ: 3802.00 INR (Long-Term Target โ 9 to 12 Months ๐)
๐ STRICT STOP LOSS (SL):
2240.90 INR ๐ซ (Ensure proper risk management here!)
โก Action Plan:
If entry conditions are met, follow the targets and risk levels carefully. This stock offers an excellent reward-to-risk ratio, but confirmation is key! ๐
๐ดDISCLAIMER:
I AM NOT A SEBI-REGISTERED ANALYST. SECURITIES AND INVESTMENTS ARE SUBJECT TO MARKET RISKS. PLEASE READ AND UNDERSTAND THE TRADING IDEA CAREFULLY BEFORE MAKING ANY INVESTMENT DECISIONS. INVEST WISELY AND AT YOUR OWN RISK. ๐๐
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GODREJPROP Trading Within Fresh Demand ZoneGODREJPROP is currently trading at โน2734.1, positioned within its fresh demand zone between โน2737.35 and โน2641.5, established on 22nd November 2024. This untested zone indicates potential buying interest, making it a level to watch for signs of support and possible trading opportunities.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
Take a loook at Godrej properties Take a loook at Godrej properties its following pull back strategy
taking support on bottom trendline and making higher highs
Target could be 3000, 3200 (upto 15%)
SL 3%
Thisi strictly for educational purpose
vcp pattern on daily time frame after upward rallyGodrej Properties trading above previous all time level and consolidating in range currently at lower part of range . it has formed vcp pattern or a triangular pattern after a up move. It has got very good chance of moving up to upper part of range
GodrejProp- Ulat Reversal Mode - 3 months Buy Now Buy TightGodrejProp- Ulat Reversal Mode - 3 months Buy Now Buy Tight
1) Mast Multibagger Breakout type pattern
2) Higher high , volume dec
3) May break the Zone with Full force
GODREJ PROPERTIES LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
F&O - Godrej Properties- 1.5+ Month Base #BreakoutStock
- Falling trendline #Breakout
- Volume Buildup
๐ Potential upside #stock โฃ๏ธ&๐
GODREJPROPHi guys,
In this chart i Found a Demand Zone in GODREJPROP CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
Godrej Properties Long 2400 RR 1:10Godrej Properties
Current Price :
Godrej Prop Monthly Supply 3063
Godrej Prop Weekly Supply 3063
MTF Analysis
Godrej Prop Yearly Breakout (Not completed) 2598
Godrej Prop 6 Month Demand Breakout 2598
Godrej Prop Qtrly Demand BUFL 2541
Godrej Prop Monthly Demand BUFL 2541
Godrej Prop Weekly DMIP 2256
ENTRY 2400
SL 2201
Target 4404
Last High 3402
RR 10.07
Godrejprop -Harmonic bat patternIn 1D timeframe,
Godrejprop hits price reversal zone.
Price near daily demand zone.
Godrej Properties - Wave 5 PatternAs per the ongoing pattern, next Target would be between 3900 - 4200.
Since there is an already available CUP Pattern with target as 4187, this should cross 3900 and reach 4200.
godrej propGodrej Properties is completed a cup and handdle in a large time frame (consolidation) for a target of 4500+
GODREJ PROPERTIES GIVES BRAKEOUT ON DAILY CHARTNSE:GODREJPROP
I am buying this stock
Near 3345
And follow sl on 3050
My target will be 3730
My risk reward ratio is 1:1.25
Return on capital 10%
GODREJPROP Long Opportunity There is Institution buying zone if price come at that level then we can go long.
I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trade ideas I share on my profile are only my view point.
How to trade GodrejPropertiesGodrej Properties , now at 3034 on June 20-2024 ::
As per the ongoing pattern, this might probably touch the upper trendline at around 3170
Surpassing this can give a trend towards 4000
If this cannot hold 3170 after surpassing,
OF
If this falls now, then buy at around 2800-2830 levels and hold for target of 3280-3300 and thereafter it tests again if this can hold the price above the trendline.
FYI, am holding few
MACD Crossover Swing Trade๐ Script: GODREJPROP
๐ Sector: Realty
๐ Industry: Construction
โฑ๏ธ C.M.P ๐๐ฐ- 2842
๐ข Target ๐ฏ๐ - 3009
โ ๏ธ Stoploss โ ๏ธ๐ซ - 2756
๐ Script: ASAHIINDIA
๐ Sector: Glass & Glass Products
๐ Industry: Glass & Glass Products
โฑ๏ธ C.M.P ๐๐ฐ- 640
๐ข Target ๐ฏ๐ - 671
โ ๏ธ Stoploss โ ๏ธ๐ซ - 621
๐ Script: NH
๐ Sector: Healthcare
๐ Industry: Healthcare
โฑ๏ธ C.M.P ๐๐ฐ- 1265
๐ข Target ๐ฏ๐ - 1343
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1247
๐ Script: TRITURBINE
๐ Sector: Capital Goods - Electrical Equipment
๐ Industry: Electric Equipment
โฑ๏ธ C.M.P ๐๐ฐ- 569
๐ข Target ๐ฏ๐ - 609
โ ๏ธ Stoploss โ ๏ธ๐ซ - 563
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
lapu star breakoutr becomes support with volume and no closing below resistance. i hopw it will go to 26% up
Godrej prop can make a cup patternas per the formation it can make a cup pattern in few day keep in radar
Keep An Eye - Cup & Hand๐ Script: GODREJPROP
๐ Sector: Realty
๐ Industry: Construction
Key highlights: ๐กโก
๐ There is formation of Cup & Hand in daily chart.
๐ Script is near the neck line of Cup & Hand It may give breakout.
๐ Keep An Eye on stock Buy Only Above 2484 level.
๐ One can go for Swing Trade Only Above 2484 level..
โฑ๏ธ C.M.P ๐๐ฐ- 2497
BUY ONLY ABOVE 2484
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Godrej Properties, a leading real estateGodrej Properties, a leading real estate developer known for its commitment to quality and innovation, presents an intriguing investment opportunity. With a stop-loss set at 2400 and a target of 2750, investors can strategically position themselves in the market.
Buy Godrejpropabove 1320 tgt 1490/2300/4200 sl below 1120Company has given a good guidance for the upcoming quarters as well as the stock is about to break the sown ward channel. So currently at good accumulation point near 200 Weekly EMA which will also act as good support zone. The out look is to buy on dips and keep adding for the short and medium term outlook.
