Tata consumer product: breakout soonGodrej consumer product is a potential candidate for a strong breakout. Keep it on your radar!
GODREJCP trade ideas
Godrej consumerIt is above its 200 ema and have breakout of consolidation one can take entry at cmp or after a retractment and keep sl below previous swing low
RSI is above 50 volume is good on breakout
Not a financial advisor
Godrej CP - 1 hr - accumulate zone 774-887Accumulate godrej CP between 874-887
Should move towards 1000+ in coming days. SL 840 below hourly close
godrejcpGodrejcp made butterfly pattern on smaller time frames with good volumes.
Could be bought with mentioned stoploss & targets.
godrejcpGodrejcp on verge of breaking out of descending triangle pattern with good volumes.
Could be bought with mentioned stoploss & targets.
RSI Based DecesionsOne can make decide based on RSI to buy or not.
RSI is fantastic indicator if used properly. I am using the updated RSI that is combined with SMA of 5 period to quickly analyze short term swing trades. Please try it and test it.
Be ready for BIg Target in Godrej CP Be ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for BBBIIIIIGGGGGGGG TTTARRGET Godrej CP
GODREJ CONSUMER..BuyGave a cup and handle breakout..buy..but take it out at tgt..cause overall market may be going up on retracement
GODREJ CONSUMERHello and welcome to this analysis on GODREJ CONSUMER - flagship co of the Adi Godrej and a dominant player in the FMCG Segment.
In the daily time frame it has activated a Head & Shoulder breakdown.
As long as it is below 765 it could slip further down to 710-700
Price is now near 740PE which has the highest OI but is seeing Short Covering while 750CE is seeing Fresh Shorting
Risk Reward looks good.
My view on godrejcpGodrejcp looking weak below 748.It will break 2 months low below 744.looking tgt 740-730++ in very short time frame.Also keeping on radar Godrejcp 740 PE.
godrejcpGodrejcp broke out of strong resistance zone of 830-832 which got rejected multiple times, today its trading above it comfortably with decent volumes.
Could be bought with mentioned stoploss & targets.
godrejcpGodrejcp made bullish butterfly pattern on daily charts with good volumes.
Buy at cmp or on dip till 765 with mentioned stoploss & intraday & positional targets.
Godrejcp at supportGodrej Consumer has been consolidating near support from the past few sessions.
Sustaining 750 levels, stock can move towards 900to 920 levels.
GODREJCP : READY FOR WAVE 5 - ELLIOTT WAVE ANALYSISGODREJCP, after making a double zig - zag pattern, looking for a breakout. One may enter after breakout and retest, by following strict stoploss as shown.
-Definitely not SEBI - Registered. So, this is only for educational purpose.
Invest wisely.
GODREJ CPGodrej CP forming a double bottom formation.
Wait for the formation to complete. Also once can enter as soon as it breaks the pattern for upside else after re-test of the formation.
The first target can be the above trendline (840 LEVELS).
Once the above trendline is broken and it sustains above 850 levels, we can see it further move till 1000 and 1100 levels as well.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Bullish on Godrej Consumer ProductsAfter multiple Retest of Demand zone,
Godrej Consumer Products Looking Bullish
at Current levels 725
Expecting with 800 - 850 levels
in Short Term
Keep stop loss below Demand zone.
Godrej Consumer Descending Channel Godrej Consumer weekly and the daily chart shows both ascending and descending channels. The stock is trading below 20,50,100 DMA.
If the critical support level of 800 is broken, more weakness can be seen in the stock and it might break down to fill the gap.
Wedge Pattern BreakoutStock Analysis : Godrej consumer has broken the wedge pattern and break out done as long as it is not breaking the below demand zone, expected target marked on the chart..Let's see
