GODREJIND trade ideas
Long Godrej IND.Godrej Industries Result will Outperform.
Be greedy to buy Godrej Industries.
its Trading near to its book value, so its an good Investment plan to buy this stock.
Target : 650/730/800/870/970.
Period : 1 year.
Godrej Industries looking goodGodrej Industries ltd. is a part of a Godrej group. Godrej is over 125 years old group. Godrej Industries is the holding company of Godrej group. Godrej conglomerate produces products that are related to Chemicals, Financial services, Appliances and a lot of other things. CMP of the stock is 451.30. Negatives of the company are that they have high promoter pledge and Mutual Funds are decreasing stake. Positives of the company are that their net cash flow is increasing and FIIs are increasing their stake in the company. Entry in the stock can be taken after closing above 463. Targets will be 491, 505 and 515. Stop loss in the company should be maintained at closing below 420.
Godrej IndustriesIn Godrej Industries Strong support zone is 400 and the resistance zone is trendline if price comes to support zone I will start buying for short term
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GODREJIND near potential support zonesFirstly, this is just for educational purpose ! It`s war time and time to accumulate fundamentally strong stocks ! Keep an eye on this stock ! Accumulate ! Do your own research before taking any positions !
Godrej IND 1dtfDownside opportunity of minimum target of 542 for intraday and PE option buyers....
This is my view and done your own analysis
SWING TRADE USING SMART MONEY CONCEPT (GODREJ IND)Making money from the markets is easy but keeping that profit with you is the most difficult part in which most people fail. So if someone has an edge over a particular trading setup or has a system then one should stick with it and should focus more on the psychology part.
But if someone is struggling with trading and unable to make profits out of the market and roaming around the indicators then He/She is on the wrong path. Never run around INDICATORS as they all are lagging the price is the only thing that is LEADING rest everything is lagging and often people forget about the price when they run around the indicators.
So every time one must look to combine multiple concepts while building a setup or looking for a trade like combing Price Action, Market Structure, etc together to find the best trade possible
Here I have shared my analysis on GODREJ INDUSTRIES by combining multiple concepts. You can gain a good idea by looking at charts
Hope you enjoy and learn something new from it👍
- Pranesh Sahoo
FOR MORE IDEAS PLEASE SUPPORT BY SHARING THE ANALYSIS AND DO FOLLOW AND LIKE. IF ANY DOUBT ARISES DO COMMENT DOWN BELOW I WOULD LOVE TO HELP YOU.
Breakout plus Retest StrategySwing Trading
Identified on 09-11-2022
Buying Zone- 600~615 (RS should be positive during retest time)
SL 582
T1 645
GODREJ PROPERTIES (LONG)Multi year breakout above 700 in this stock.
Beautifully following 'V' pattern channel on Monthly timeframe.
Buy above 615
(Risky Traders may enter above 580 or at CMP)
SL 550
TGT 657 - 700
If multi year Resistance of 700 broken and retested ... keep holding for a tgt of 1000+ and trail SL.
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
godrej industries breakout above 588. stock may rally to 660 levels soon. I think godrej industries will be the major beneficiary of the restructuring of the promoter holding. it is the listed holding company and holds significant stake in GCPL, GAVL, AND GPL. VALUE OF Investments is significantly higher than current valuation.
It's better to enter at support levels where the risk Is lowThe accumulation is happening for a quite long time . And once shal. Expect some good brakout from this
godrejind Godrej Industry, the stock consolidating for quit some time. and looking at the chart structure it seems like the stock is poised to a breakout, a stock worth keeping in the watchlist. the stock price is getting very tight and is getting ready for a significant move in the stock price.
Godrej Industries - Safer & Stronger GIL - This one now looks to capture its ATH week by week. 1st Target is ATH. Stop Loss is below 500 (a deeper one is 468 weekly closing).
DISC: Not a SEBI Regd. I post charts for my own study.
Buy Godrej Ind.Bullish Crossing of WMA and Dervas Box also good strength on Buying Side. Buy at CMP SL 540 TGT 620
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!
