Buy Godrej Industries at 478 to profit from Flag Pattern

Date:

June 25, 2019

Godrej Industries (NSE: GODREJIND) made a swift upwards movement after making a low of 446. The scrip is now consolidating at around the 473-483 range forming a flag pattern.

Flag patterns are continuation patterns signalling the continuation of the preceding move.

Keep Stop Loss at 472 and 1st & 2nd Target being 487 and 495 respectively.

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