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crocodile_trader

Godrej Consumer Products, a good buy

Long
GODREJ CONSUMER PR (NSE:GODREJCP)  
crocodile_trader  
NSE:GODREJCP   GODREJ CONSUMER PR
Support and Resistance Fibonacci Head and Shoulders
5
0
supportandresistance fibonacci headandshoulders
GodrejCP is making an inverse head and shoulder at 30 min
It has retested the weekly resistance level which may act as a support now.
On daily timeframe, it has made a doji on 50 EMA support, which also shows reversal
Apart from that it is happening on FIB golden zone

A very high quality trade indeed
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