Godrej Industries daily chart (click on chart to zoom)
On daily chart stock is trading in narrowing triangle and today brokedown from it. Stock is also trading below 20 DMA which should act as a resistance upside.
Traders can short sell stock with short term target of 250 and stop loss at 270
CMP - 264.5
On daily chart stock is trading in narrowing triangle and today brokedown from it. Stock is also trading below 20 DMA which should act as a resistance upside.
Traders can short sell stock with short term target of 250 and stop loss at 270
CMP - 264.5