stockmitra

GODREJPROP looks good to consider on by side

Long
NSE:GODREJPROP   GODREJ PROPERTIES
GODREJPROP has been very strong from beginning of September 2021 and has given huge up move with daily candles as big as 13%, 12%, 8% and has now come into the demand zone after peaking out on 14th October 2021 making a ATH of 2598. A buy can done in the range 1600-1400. Targets in near term 1840 - 1940- 2040 and eventually ATH, mange risk with proper stoploss and position sizing or enter with risk defined FNO strategy. It will be wise to enter with confirmation and defined stoploss.

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