GODREJCP has been trading within the channel since mid 2009. Currently its finding support at the channel bottom.
Investors/positional traders can consider this as a buying opportunity as long as the channel bottom supports the price action.
PS: Please use this idea in addition to your analysis.
Investors/positional traders can consider this as a buying opportunity as long as the channel bottom supports the price action.
PS: Please use this idea in addition to your analysis.
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Made a nice bullish move!