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AALGO BREATHS I SEBI RA

10th Feb · SEBI-Registered Analyst

Godrej Properties – Strong Pullback After Sharp Correction

GODREJPROP
📊 Godrej Properties – Strong Pullback After Sharp Correction Timeframe: Daily After a steep decline from the ₹2,150 zone, the stock has shown a sharp recovery backed by rising volumes. Price is now approaching a key resistance area. 🔎 Technical Overview: Strong bounce from ₹1,450–₹1,500 demand zone Consecutive bullish candles with volume support Price moving towards 20 EMA resistance Momentum indicators showing bullish crossover RSI reclaiming 50 level → strength improving 🔑 Key Levels: Immediate Support: ₹1,700 Major Support: ₹1,500 Resistance Zone: ₹1,950–₹2,000 🚀 Sustained breakout above ₹2,000 can trigger further upside towards: ₹2,150 ₹2,250 Trend is still corrective on higher timeframe, but short-term momentum clearly favors bulls. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS

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