📊 Script: GODREJPROP
📊 Sector: Realty
📊 Industry: Construction
Key highlights: 💡⚡
📈 There is formation of Cup & Hand in daily chart.
📈 Script is near the neck line of Cup & Hand It may give breakout.
📈 Keep An Eye on stock Buy Only Above 2484 level.
📈 One can go for Swing Trade Only Above 2484 level..
⏱️ C.M.P 📑💰- 2497
BUY ONLY ABOVE 2484
⚠️ Important:...
Godrej Properties, a leading real estate developer known for its commitment to quality and innovation, presents an intriguing investment opportunity. With a stop-loss set at 2400 and a target of 2750, investors can strategically position themselves in the market.
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.
This stock looking very strong on weekly time frame.
Also on Bullish candle on daily time frame with very gud volume.
Double bottom pattern also confirming. In this move buyers are in power. so it may be great buy. with proper sl of 1620
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
#godrejprop - what a beautiful chart crossing 0.50 retracement weekly but if this forms a dragonfly doji or hammer then wick becomes SL.
Target should be 1990.
PS : Only for mastering the chart & Fibo. Pls don't trade.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn...
Nifty reality index has given BO ..... godrej properties 1784 4/11/2023 Looking very promising....... very good muti week consolidation and now coming out of the range..... looking like 1950 in short term and than 2250 and life high eventually.......
Range Breakout(1510-1765) with a higher relative volume bar on daily time frame.
Upside Targets will be the levels above 1765-1775 as shown in the chart
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...
As discussed in this strategy which is triggered the bullish signal. It is quite obvious with MACD cross its signal line along with potential increase in volume.
Some key points about Godrej Properties if convinced for LONG:
Revenue: The company generated revenue of INR 567.51 crore during the quarter ended June 30, 2023, which was an increase of 25.5%...
GODREJ PROPERTIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Falling wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1620+.
✅Can Go Long in this stock by placing a stop loss below 1540-.
GODREJ PROPERTIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Falling wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1595+.
✅Can Go Long in this stock by placing a stop loss below 1515-.
Godrej Properties-Nice Breakout
Capital to be deployed- 20k
Investing Price -1730-1740
Breakout Price -1710
Stoploss -1455
Targets -2182-2640
Do retweet so that it helps someone
#godrej #StocksInFocus #StocksToBuy #stockstowatch #StocksInNews #SwingTrading #BREAKOUTSTOCKS
On quarterly chart, there is a breakout and retest pattern with a strong bullish candle. Entry @1595.3 with SL @1312.15. Continuous bullish quarters can be expected here. Trail SL to every quarter low till exit.
