Godrejcp forming inverse head and shoulder pattern on small time frame.
Looking good above 1194 for tgt 1200-1205-1210++
Keeping on radar Godrejcp 1200 CE (next contact)
NSE:GODREJCP
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for...
Godrej Consumer Products Ltd is one of the leading Fast Moving Consumer Goods (FMCG) companies in India. The company has five product segments namely Household Insecticides, Soaps, Hair Colours, Liquid Detergents and Air Fresheners. The company has established a strong international presence through a slew of acquisitions over the years. GCPL is among the largest...
Bearish RSI Divergence is evident on the chart. It would be a clearer indication if the RSI turns down making a lower high and price trades below the weekly low of 1001. If price trades below 1000 and if closes on the daily below that level, we could expect a target of 930.
NSE:GODREJCP
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and...
Godrejcp gave trendline breakout on 1D time frame,
If it sustain above 958 looking tgt 975-980++ in very short term.Also it is looking good positionally;
Keeping on radar Godrejcp 960 CE.
Short term view
Godrejcp
Bulls may come above 960
Bears may come below 915
Charts for Educational purposes only
Please follow strict risk reward and stop loss if you follow my level
Thanks,
V Trade Point
NSE:GODREJCP
WAIT in case of Huge GAP UP !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
NSE:GODREJCP
Enter After a strong close !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
🏆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...
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
GODREJCP
Daily : Stock is in uptrend.
15 min : It has broken Descending triangle and has currently made Ascending triangle.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
29-11
Daily chart of GodrejCP1!
LTP: 867
Candles are trading above EMA support at 851.05 which is bullish and the manual support is at 821.00
First resistance (manual) is at 883.65 which will be my first target.
RSI is bullish as well (above 50 and in an up trend)
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
GODREJCP
Daily : Stock is in uptrend.
15 min : It has broken range and now it has currently made Descending triangle pattern.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
