As per the 2 Hour Chart of GODREJ CONSUMER, we can witness a Formation of “Bullish Harami” on the chart. Therefore, we are expecting a bullish momentum in GODREJCP in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 961.95, 968.25, and 976.40. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 946.70, on closing basis. Closing Price (as on 29.12.21) : 585.15
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Rectification : Closing Price (as on 30.12.21) : 955
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GODREJCP has successfully reached its predicted 1st level of Resistance, reflecting an uprise of 0.73% approx. and has made a High of 963.95, thereby reflecting an upmove of 0.94% approx.
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GODREJCP has successfully reached its predicted 2nd level of Resistance, reflecting an upmove of 1.39% today itself.