Breakout & Breakdown Projection for Godrej Properties

Godrej Properties (GPL) shares may be in focus on Feb 27 after ₹1,000 crore sales at the launch of Godrej Evergreen Square in Pune.

Breakout Scenario (Bullish Projection)
A breakout above ₹2,244 (key resistance level) would indicate strength and could trigger an upward move.

• Target 1: ₹2,336 (+6.63% from CMP)
  
• Target 2: ₹2,427 (+10.69% from CMP)
  
• Extended Target (if momentum sustains): ₹2,718 - ₹2,804 (+35.73% from CMP)
  
• Ultimate Target (Swing High FVG): ₹3,015 - ₹3,177 (+50.62% from CMP)
  

📌 Breakout Strategy:
Enter above ₹2,244, with stop-loss at ₹2,186 (previous resistance).
A breakout with strong volume could lead to ₹2,336 - ₹2,427 quickly. Breakdown Scenario (Bearish Projection)

A breakdown below ₹1,981 (recent bullish FVG support) would suggest further downside.

• Target 1: ₹1,903 - ₹1,825 (-4.97% to -8.86% from CMP)
  
• Target 2: ₹1,765 - ₹1,755 (-11.89% from CMP)
  
• Extended Target: ₹1,650 (-17.63% from CMP)
  

Disclaimer: This information is for educational and informational purposes only and should not be considered financial or investment advice. Always conduct your own research or consult a professional before making any investment decisions.