Godrej Consumer Products Ltd – Bullish Reversal Setup
📊 Godrej Consumer Products Ltd – Bullish Reversal Setup
Stock showing signs of recovery after a prolonged correction, with a potential Falling Wedge breakout and improving momentum.
🔎 Key Observations:
• Falling Wedge formation
• Bullish recovery near support
• Buying interest gradually improving
• Momentum showing early recovery signs
🔑 Key Levels:
• Immediate Support: ₹848 – ₹834
• Major Support: ₹819 – ₹805
• Resistance: ₹891 – ₹906
🚀 Upside Targets:
• ₹906
• ₹934
• ₹963+
📉 Risk: Breakdown below ₹834 may trigger further downside.
📈 View: Sustained move above ₹891 may strengthen bullish momentum towards higher targets.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊