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iam_nithin

BREAKOUT EXPECTATION, SWING TRADE, GODREJCP

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GODREJ CONSUMER PR (NSE:GODREJCP)  
iam_nithin Actualizado   
NSE:GODREJCP   GODREJ CONSUMER PR
Trend Analysis Chart Patterns breakout breakouttrading Bullish Patterns LONG CUP
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trendanalysis chartpattern breakout breakouttrading bullish long cup
The stock has bottomed out and is now near to the previous high level. if it is broken we can see a good up movement. Since FMCG sector is been in a bearish mode for past 2 trading days, trade may take more time. Also a cup shaped pattern can also be observed.
SL can be placed according to personal risk apatite.
NB: This is not a stock recommendation, just sharing my views only
Comentarios:
broken and moving up.
NOTE: There is a Inverted Head and Shoulders pattern formed in weekly chart, so i am expecting a good movement in the stock, but it will take time.
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