GODREJ PROPERTIES LTD

GODREJ PROPERTIES: BREAKOUT!!!!

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Godrej Properties gave a breakout of the Inverted Head and Shoulder pattern on the daily chart as predicted in my previous analysis. It is important to notice that the breakout came with a spike in volume.

Target 1: 250-260 points
Target 2: 370-390 points

On the lower side, the 1560-1620 level will act as a support for the price.

The previous analysis link is given below.

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