Is #GODREJIND a good setup? Let me know views on the Comment.

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Here is the chart of #GODREJIND.

Thought the base structure doesn't looks good, here are some of the features:
  • Formed a Flag-Pole Pattern
  • Is above 200 SMA
  • Good Spurt in Volume
  • Consolidating and forming a TIGHT FLAG


Be cautious, the Market Stance is WEAK and no Long should be initiated. Keep it on the watch list and let's see how it performs.

Let me know your views on the comment box.

Penafian

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