Godrej Properties has been in a mega bull trend for last 2 years. Clearly we can see the pattern, Breakout , Side ways consolidation for a period of time and breakout again. It has followed this breakout cycle twice in recent times and now is in the formation of 3rd breakout. Price might chop a bit on the side ways for few more months before another breakout. Long term investors can start accumulating it as prices correct, traders can wait for the breakout of the box.
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