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#GODREJCP bearish pennant breakdown with volume. Please note that I am short in this counter from 834 (Future level). The relative strength is weak. Yesterday company has reported YoY decrease in net profit due high input cost.

It should slowly reach to 750 maybe in next couple of months. Can be used as sell on bounce as per individual's risk appetite.

Disclaimer once again, I personally hold a short position in the counter.

Do share your views below.