Godrej Properties: Ready for a Big Move?

15 Ara

➡️ Price Analysis & Overview:

1️⃣ 2.5-Year BO & Retest: Godrej Properties has recently broken out of a long consolidation phase and is currently retesting the breakout zone, signaling potential for a strong upward rally.
2️⃣ Favourable RRR: The risk-reward ratio is attractive, with limited downside and significant upside potential.
3️⃣ Volume Strength: Current volumes are decent, but a spike in buying activity could confirm momentum.
4️⃣ Technical Structure: The stock has maintained a bullish structure, respecting key support levels consistently.

✨ My Trade Plan:
1️⃣ I expect the bullish momentum to continue, with a potential 30% upside from the current levels.
2️⃣ 1:3 RRR

⚠️ Disclaimer: This analysis is for educational purposes only. Always conduct your research before making any trading decisions.

What are your views on Godrej Properties? Let’s discuss in the comments!

Thanks & Regards,
Anubrata Ray ⚡