Company has given a good guidance for the upcoming quarters as well as the stock is about to break the sown ward channel. So currently at good accumulation point near 200 Weekly EMA which will also act as good support zone. The out look is to buy on dips and keep adding for the short and medium term outlook.
Godrej Properties Ltd. is displaying strong bullish momentum in both technical and fundamental aspects, making it an attractive option for investors.
From a technical standpoint, the stock exhibits several "Strong Bullish" signals. The PriceVol indicator suggests a "Strong Bullish" sentiment, with rising prices accompanied by increasing trading volume in recent...
NSE:GODREJPROP
Entry at current market price -
Gains: 15%
Duration: 3 months
If the price comes down to green box, it's a perfect buy zone.
Entry at green box -
Gains: 27-30%
Duration: 4 months
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
Godrej Properties
The stock has fallen about 56% from its highs and the charts are still not at their best, meaning it could fall further.
Now the question is how much further?
The next support that I got from it from monthly and weekly charts are at 865- 740, this is the zone, where it consolidated earlier and saw a massive move on the upside.
Major...
Gordej Prop broke the trendline as well as an important resistance zone which is acting as support now.
Only enter this if it sustains above this level. Good R:R is expected with minimum SL.
Trade safe. Manage risk. Be profitable.
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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")
