47% GROWTHใGODREJPROP SHOWING A GOOD REVERSAL SIGN FROM BOTTOMRecently NSE:GODREJPROP almost drawdown 19% from recent high and we plan for almost 47% upward potentially reward.
๐ NOTE:
โก๏ธ ENTRY ONLY IF the weekly candle CLOSES ABOVE 2550 INR.
๐ Godrej Properties (GODREJPROP) is exhibiting a positive reversal from its bottom levels. However, โ ๏ธ signs of weakness remain visible.
โ
Suggestion:
Wait for a strong confirmation with the weekly close above 2550 INR to enter.
Once confirmed, bullish momentum could target long-term profits at the 3802 INR level.
๐ฏ TARGET LEVELS
TP-1 ๐ก: 2836.25 INR
TP-2 ๐ : 3026.00 INR
TP-3 ๐ข: 3405.90 INR (50% Profit Booking Recommended Due to Resistance โ๏ธ)
TP-4 ๐ฉ: 3802.00 INR (Long-Term Target โ 9 to 12 Months ๐)
๐ STRICT STOP LOSS (SL):
2240.90 INR ๐ซ (Ensure proper risk management here!)
โก Action Plan:
If entry conditions are met, follow the targets and risk levels carefully. This stock offers an excellent reward-to-risk ratio, but confirmation is key! ๐
๐ดDISCLAIMER:
I AM NOT A SEBI-REGISTERED ANALYST. SECURITIES AND INVESTMENTS ARE SUBJECT TO MARKET RISKS. PLEASE READ AND UNDERSTAND THE TRADING IDEA CAREFULLY BEFORE MAKING ANY INVESTMENT DECISIONS. INVEST WISELY AND AT YOUR OWN RISK. ๐๐
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