Godrej PropertiesGodrej Properties Limited is a real estate company engaged in construction and real estate development.
GODREJ PROPERTIES is Bearish Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Real Estate
Industry: Real Estate
GODREJPROP trade ideas
GodrejProperties - ShortWill sell Godrej Properties as it has made M pattern and there is weekness in the chart. Rising interest rates in India and upcoming recession in US will reduce the disposable income, higher loan rates and people will delay buying properties. All these factors will add dampener to the property market and therefore selling on each rise strategy will make much more sense.
Godrej Properties Counts (Revisited)In godrej Properties we are correcting against the higher degree wave (1) that had moved till 2598. From the chart it can be observed that we have completed the correction at 1129.55 which is the recent low. Keeping this low as invalidation we can see that we have completed minute wave (i) and we are standing at low of (ii). We can witness higher price action in Godrej Properties if it does not invalidates the low of 1129.55. This is not a trade recommendation, this is for educational purpose only.
Thank you.
Godrej Properties Intraday tradeThere is a symmetrical triangle formation on 30 Mins chart of godrej properties. Triangle can breakout above or below the respective trend lines. Wait for the candle to breakout and close above or below trend lines.
This will be very short term trade and should be completed in one or two trading sessions.
Breakout level above = 1400
Breakout level below = 1384
Target = + 20 or -20 above or below breakout level
stop loss = 2% below breakout levels
One Intraday Trade for everyday:- 06/03/2022Godrejprop buy above 1629 when breaks triangle pattern. Target will be very small.
Target 1637,1642, 1650
SL below 1622
please keep position size small.
If it opens at gap up then avoid buy entry. then you can take sell trade if you get clear rejection on 30 minutes chart.
#Disclaimer :-This is not a buy or sell recommendation. This chart is shared for educational purpose. I'm not a SEBI-REGISTERED analyist.
GODREJP - READY FOR WAVE 5 - ELLIOT WAVE ANALYSISGODREJ PROPERTIES has given a breakout with retest from triple zig - zag, and completed it's correction of wave 4. All set to launch for the 5th wave. Considering the risk reward ratio, invest wisely.
Definitely not SEBI - Registered. So, this is only for educational purpose.
GODREJ PROPGordej Prop broke the trendline as well as an important resistance zone which is acting as support now.
Only enter this if it sustains above this level. Good R:R is expected with minimum SL.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.