GODREJ PROPERTIES LTD

GODREJ PROPERTIES TREND REVERSAL?

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GODREJ PROPERTIES after severely falling from its highs has made a falling wedge pattern and given a breakout on a 1h time frame and is consolidating with a formation of "W" pattern and another wedge breakout around its crucial resistance zone of 1630-1650 levels ,once these levels are taken out good upside momentum upto the levels 1740/1770 can be seen and in case due to the war scenario or any kind of negative news comes in and the levels of 1530 break a quick momentum of 80-100 points can be seen on the down side .keep it on radar.

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