Enter after breaking the red trend with strong buying volume only, The trend is good and the price has been respecting the trend for almost a year.
This trade will give you around 30% profit so you have to be patient.
All the best to all my fellow investors,,
🏆GOFREJCP new buying opportunity in daily TF.🔥
Stock supertrend beakout . & traded near automated trendline support area. same big trend is bullish & after short selling one buying movement start in this stock.
Daily RSI level is Above 60 & lower timeframe RSI level above 60 bullish🟢. same time Weekly & monthly RSI is near 53.so one chance to upside movement.
so...
Godrej 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
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The stock is forming a shark pattern and is near its prz zone.
Keep an eye on the price action, might be a good swing trade, considering the strong higher timeframes ( daily weekly, monthly all are trending up)
retracement from recent spike is over.
has retraced a decent amount and green candles signal stock might go up from here.
small sl if we enter at current level.
GodrejProp has breakout with larger volumes. It has also broken its major resistance shown in chart. Looks good for target of 955 and higher targets. keep StopLoss @ 826- 862.
Chart also shows breakout levels and other resistance from past.
Please note that all levels are on closing basis and based your trades on individual risk appetite.
![GODREJPROP: Science Backed by Data[GodrejProp Series]: Target 955](https://s3.tradingview.com/z/ZfO8WoR2_mid.png "Science Backed by Data[GodrejProp Series]: Target 955")
