Godrej Properties Ltd. – Technical Analysis

📊 Godrej Properties Ltd. – Technical Analysis
CMP: ₹1,617 | Timeframe: Daily
Godrej Properties is showing a short-term recovery after a sharp correction from higher levels. The latest candle indicates buying interest near the ₹1,550–₹1,575 support zone, but the broader trend remains weak until key resistances are reclaimed.
🔹 Resistance: ₹1,623 ₹1,682 ₹1,731
🔹 Support: ₹1,575 ₹1,551 ₹1,407
🔹 Breakdown Risk: Below ₹1,551, further downside pressure may emerge.
Trading View: A sustained move above ₹1,623 may support a recovery toward ₹1,682. Stronger bullish confirmation requires a breakout above ₹1,682–₹1,731 with volume. Watch price action carefully before taking any trading decision.
— AALGO BREATHS SEBI REGISTERED RESEARCH ANALYST