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.
Godrej Consumer Products Limited is an Indian consumer goods company based in Mumbai, India. GCPL's products include soap, hair colourants, toiletries and liquid detergents. Its brands include 'Cinthol', 'Godrej Fair Glow', 'Godrej No.1' and 'Godrej Shikakai' in soaps, 'Godrej Powder Hair Dye', 'Renew', 'ColourSoft' in hair colourants and 'Ezee' liquid detergent....
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
GODREJ CONSUMER PR - The BAT pattern
The target at Point D is still active, with a SL as AVWAP from demand zone.
P.S - Add in cash only as the time frame is wekly.
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...
Godrejcp made traingle pattern on an hourly chart & its on the verge of beking out of it with good volumes.
Could be bought with mentioned stoploss & target.
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 !!!!
