Reverse Head and Shoulder PatternStock Analysis: Godrej Industries has formed the head and shoulder pattern and broken major supply zone also look like inside the channel
as per the rule expected target marked on the chart. Conservative buy around the marked demand zone (Green Area)
with stop loss level till demand zone.
Happy Investing!
GODREJIND trade ideas
Godrej Industries - Lotta Manipulation {Phoenix085}What i see and believe since i am not following this closely....
The stock is artificially being manipulated or the promoters know something that we do not...
The general trend is negative(judging by the candle bodies on the downside relative to the upside) but there will be a short rally for sure...
Just felt like sharing as a bit of Caution for those who are already in the trade...
Godrej ind. 75 Min Analysis , Vol Breakout .Trend Is In Consolidating Phase .
*RSI Showing Sellers Are Getting Weak .
Last Price Rejected was Where Highest Vol Traded .
so If breaks Last High Then Become Strong .
If Breaks 282.90 With Bullish Signal Then Go Long . With the Sl Of 173 .
Manage Your Risk Reward According to your Risk Appetite .