GODREJCP – Bearish below 1162, Entry below 1160, SL 1336

[Abirami Duraisamy]

As per the attached chart at Sep’15, steeper pole is witnessed and side way movement seen. If this side way movement is seen for another 2 to 3 days and breakout happens in downward direction with high volume, it can be taken as flag formation and short position can be created. If there is any movement seen at upward direction, flag pattern will loose it significance.

Trade Plan: Direction- Bearish, Position-Short, Entry below 1162, SL: 1336,Target: 998

[V.VEDANAYAGAM]

DEAR SIR /MADAM
YOU yourself have seen that formation of the desired pattern is doubtful or yet to happen
HOW can then we have a trade plan
PLEASE snap shot those charts where the the target itself is already reached because we are only doing analysis based on the past chart

[Author]

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