A small flag and pole in GODREJ CONSUMER?
CHART -> Godrej Consumer DAILY SETUP
As seen per charts, there are few things to note:
1. Stock was first trading near 200 DMA and after that now it is consolidating near 100 DMA.
2. A small flag and pole pattern has been formed, with it is consolidating in between 975 to 945 range.
3. RSI is facing hurdle to go above 60.
A close above 975 or RSI above 60 will add further momentum.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
As seen per charts, there are few things to note:
1. Stock was first trading near 200 DMA and after that now it is consolidating near 100 DMA.
2. A small flag and pole pattern has been formed, with it is consolidating in between 975 to 945 range.
3. RSI is facing hurdle to go above 60.
A close above 975 or RSI above 60 will add further momentum.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
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