Godrej Properties | Flag Pattern Setup
Godrej Properties has shown a strong recovery from the lower levels, supported by a bullish divergence. The stock then gave a breakout from the ABC pattern, confirming improving momentum.
Currently, the stock appears to be forming a Flag Pattern within the Bollinger Bands, which could set up the next potential upward move.
🎯 Target: ₹2,350
📈 Potential upside: 16%+ from current levels
💡 Strategy: Long can be considered around current levels. If the stock dips towards ₹1,900–₹1,950, it can be considered for adding, subject to price action and risk management.
Godrej Properties has shown a strong recovery from the lower levels, supported by a bullish divergence. The stock then gave a breakout from the ABC pattern, confirming improving momentum.
Currently, the stock appears to be forming a Flag Pattern within the Bollinger Bands, which could set up the next potential upward move.
🎯 Target: ₹2,350
📈 Potential upside: 16%+ from current levels
💡 Strategy: Long can be considered around current levels. If the stock dips towards ₹1,900–₹1,950, it can be considered for adding, subject to price action and risk management.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.