Godrej Consumer Products (4-Hour Chart) Analysis:

٣ سبتمبر

Godrej Consumer Products is currently forming a 5-wave impulsive structure on the 4-hour chart. It appears to be nearing the completion of wave (iii) in blue. Once wave (iii) is complete, we expect a 3-wave corrective move to form wave (iv) in blue. This correction could present an opportunity to catch the potential wave (v) move.

However, it's crucial to wait for wave (iv) to fully develop before considering any trades. Jumping in prematurely could increase risk, so patience is key.

Disclaimer: This content is for educational purposes only. We are not SEBI-registered advisors. Please consult your financial advisor and assess your risk before taking any trades.