Godrej Consumer product
Godrej Consumer product in daily chart. It was continuously falling and made low which was 660. It made double bottom pattern and gave break-out of neckline. Neckline is acting as support. Now it was Consolidating in tight range. Which was horizontal Channel Pattern. It gave break-out today. But it is also facing resistance of falling trendline. Which was strong resistance.
If it breaks 830 and it sustain then we can capture upside move.
Wait for break-out.
Enter with confirmation.
Keep this stock in your watchlist
Do anaylsis before trading.
