GODREJCP -- TECHNICALS WEAK FOR SHORT TREM
https://www.tradingview.com/x/Zmi6Q6oA/
godrejcp looks weak short trem
feb 2 to feb 24 2023----prices couldnt breach 944 resistance level and there was a negative divergence in 3-6 MACD, RSI
24 th AND 27th february 2023---price breached both 16 and 50 days EMA ...Also 50 200 MACD crossed the signal line negatively ( after staying above signal ;line for 3 months )
march 1 -price restested 16 and 50 dasy EMA and confirmed resistance to these EMA
target 1-- 890
target 2 870 ( 200day EMA and pivot level --stronger support )
godrejcp looks weak short trem
feb 2 to feb 24 2023----prices couldnt breach 944 resistance level and there was a negative divergence in 3-6 MACD, RSI
24 th AND 27th february 2023---price breached both 16 and 50 days EMA ...Also 50 200 MACD crossed the signal line negatively ( after staying above signal ;line for 3 months )
march 1 -price restested 16 and 50 dasy EMA and confirmed resistance to these EMA
target 1-- 890
target 2 870 ( 200day EMA and pivot level --stronger support )
Catatan
target 1 - 895 as mentioned/marked in the chart done
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.