Godrej Properties CMP - 994
Looking bearish. One can go for Intraday trade setup with the following entry, exit & targets
Sell at or below 992 - 990 / Stop Loss 1005
Target 1 - 985
Target 2 - 980
Target 3 – 975 / 970
Disclaimer: This is my view and for educational purpose only.
Godrej Properties has been consolidated in a channel 850 & 925 for about 10 weeks.
Since expiry, heavy activity is observable at the upper limit of channel.
Any volume supported move possibly very soon can propel it towards 1100 levels with a minor resistance of 995-1000 zone.
SL can be low of the breakout candle & can be later trailed as per swing lows during...
All the details provided in the chart. The reality sector may see bullish rally soon as lockdown restrictions are openings and investors will start going back to property purchase considering the stock market is already at its peak.
DISCLAIMER:
As a trader, you should consider your own risk: reward ratio and do proper lot sizing according to your margin and...
NSE:GODREJPROP
ARE WE CHARGING TO UPSIDE TO TEST THE FIB PROJECTION TARGETS N PREVIOUS PRICE RESISTANCES!
TIME'S TO BE PROVEN WITH PRICE!
RSI DIVERGENCE, BULLS CHARGING!
#ELLIOTWAVE#ELLIOTTICIAN!
NSE:GODREJPROP
868 SEEMS TO BE SUPPORT AS OF NOW
FROM CURRENT LEVELS IT CAN HEAD TO 892
IF IT BREAKS THEN, POSSIBLE LEVELS WILL BE 856 849 840
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Hi all,
Its pleasure to have you all here.
I have started putting...
