IDTrader_IN

Rebound Strategy Opportunity in GodrejCP

Long
NSE:GODREJCP   GODREJ CONSUMER PR
The stock seems fundamentally good. Got a 10 EMA cross over above 30 EMA a couple of days ago. Price entered the range in between and gave a bullish jump above 10 EMA.

The marked target seems easily achievable. May also hold on further until the 30 EMA breaks the price downwards.
Comment:
The EMA conditions still intact and showing some positive bias. Can hold on.

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