GodrejInd is giving a Short Setup.. Stock gave a 5 wave decline from 542 to levels to 387 levels in Wave A and has since retraced backed to 78.6% fib. One can go short on the stock at current levels with stoploss just above 453 and Targets of around 380 and 350 wave Wave C. Details are on the chart.

Happy Trading!!
Bearish PatternsElliott WaveGODREJINDindiaindianstocksretracementSELLshortshortsetupwavec

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