As per the swing theory stated in Unofficed Bounce; GodrejCP is in clearly in Uptrend. But it just about to break the uptrend by few points if that gets broken.
Short if the Uptrend is broken.
Alternatively, it can be longed with stop loss at the last swing low too (Like a SAR trade i.e. stop and reverse the trade for sell trade if the stop loss is hit) but the SL is too small in that case and hence risky.