GODREJCP Daily Chart Analysis:
This counter is trading currently at 20% down from its ATH. After the break down form the trendline, the price has fallen to its 200 EMA on Daily chart.
GodrejCP can prove to be a good swing trade with upside potential of 20-23%, if it takes support on this level and shows signs of reversal.
In case it closes strongly below 900, we might see the fall till the levels of 800.
This counter is trading currently at 20% down from its ATH. After the break down form the trendline, the price has fallen to its 200 EMA on Daily chart.
GodrejCP can prove to be a good swing trade with upside potential of 20-23%, if it takes support on this level and shows signs of reversal.
In case it closes strongly below 900, we might see the fall till the levels of 800.