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gmaster29

Godrej Properties - Watchout key support levels 1855, 1758, 1596

Long
GODREJ PROPERTIES (NSE:GODREJPROP)  
gmaster29 Updated   
NSE:GODREJPROP   GODREJ PROPERTIES
Trend Analysis Chart Patterns Technical Indicators india LONG realestate
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trendanalysis chartpattern indicator india long realestate
Godrej Properties had a major breakout on Sep 21 2021. It's natural for any stock breakouts to retrace back to test the breakout trendline support , here its close to 1855. Next big support is at 200 DMA around 1758, if it breaks below that , we have strong support at 1596. This stock is in long term bull trend, long term investors can add in small positions at these support levels.
Comment:
Good bounce on support levels 1758. Resistance at 2000
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